Agriculture
BFAP Baseline reveals agri growth was curbed by drought─── SABRINA DEAN 13:08 Tue, 23 Aug 2016
Bloemfontein - Agriculture’s contribution to the South African economy grew by an average of 15% over the last decade, peaking at 30% in 2014.
However, this growth has since suffered a major setback as a result of the drought.
This is according to the latest Baseline report by the Bureau for Food and Agriculture Policy, BFAP, which outlines anticipated production, consumption, prices and trade for the sector up to 2025.
The report provides detailed data about various sectors. These include summer grain crops, winter cereals, oilseeds, sugar, meat, dairy and poultry products, potatoes, fruits and wine grapes and wines.
It also outlines consumer trends and food inflation dynamics.
The report states that gross value added by the sector expanded by more than 15% in real terms since 2005. This peaked at over 30% in 2014 before declining rapidly in the past two seasons due to the extreme drought in the summer rainfall areas.
A full copy of the report can be downloaded here:
20160818 BFAP_Baseline_2016.pdf
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