However, Wandile Sihlobo, chief economist at the Agricultural Business Chamber of South Africa, says the same cannot be said for agribusinesses as those in logistics will experience cost increases.

Furthermore...After steep fuel price increases towards the end of 2021, South Africa will have a nearly R1,50 per litre fuel price increase this month. This is according to Koketso Mano, an Economist at FNB. She adds that the increase in fuel prices are a result of the surge in oil prices.

AND

Beef producers in Botswana are concerned that smallholder beef production could decline due to the low prices that are being paid by feedlots and meat processing companies to farmers. Janine Ryan, the managing editor of Farmer's Weekly, says that around 80% of Botswana’s one million cattle are currently being farmed by smallholder farmers.

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