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Agri podcast: Public hearing on expropriation bill in Eastern Cape today

───   ELSABÉ RICHARD 13:50 Fri, 04 Jun 2021

Agri podcast: Public hearing on expropriation bill in Eastern Cape today | News Article

Parliament's Portfolio Committee on Public Accounts will continue the public hearing on the expropriation Bill in the Eastern Cape today.

The Committee says the purpose of the Expropriation Bill is to repeal the existing Expropriation Act of 1975. The Committee is obtaining public input on government plans to amend Section 25 of the Constitution to allow for land expropriation without compensation.

The Committee says the purpose of the Expropriation Bill is to repeal the existing Expropriation Act of 1975. The Committee is obtaining public input on government plans to amend Section 25 of the Constitution to allow for land expropriation without compensation.

The import of potato chips, or "French fries" if you prefer, is posing a threat to the South African potato industry. This is according to Denene Erasmus, editor of Farmer's Weekly. She adds that Willie Jacobs, CEO of Potatoes South Africa, says that local producers have suffered a severe knock during the Covid-19 pandemic - especially at the beginning of strict lockdown regulations last year. She adds that according to Jacobs, input costs have been increasing faster than market prices.

AND

It is highly unlikely that maize prices will decline, despite industry stakeholders forecasting a record harvest this season. According to Jannie de Villiers, CEO of Grain SA, maize prices were currently already on export parity. Therefore, he says, higher maize estimates will necessarily lead to more income for farmers. De Villiers said he was also very positive about the possibility of exports for farmers due to high international demand for maize. This follows after the Crop Estimates Committee released its fourth production forecast for summer crops for the 2021/2022 season on Tuesday, 1 June. The size of the commercial maize crop was set at 16,18 million tons, which was 0,5% higher than the previous forecast of 16,09 million tons.  




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