Global agricultural commodity prices dampen sentiment

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Global agricultural commodity prices dampen sentiment
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Excessive rains in KwaZulu-Natal also weigh on crop conditions that have hit sector performance

Rises in global agricultural commodity prices are keeping SA consumer food prices elevated. In addition, according to the Agricultural Business Chamber of SA , excessive rains this year weighed on crop conditions and this affected SA’s agricultural sector performance.

During a recent virtual seminar, Agribiz chief economist Wandile Sihlobo said SA agribusiness sentiment has moderated, with implications for investment...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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