Global Farming

The new Consumer Protection Act gives consumers a lot of power. Since farmers share the responsibility for product quality, they need to stick to good agricultural practices - or risk...
Finance minister Pravin Gordhan has managed to balance income and expectations with his first budget, albeit without mentioning agriculture.
'While prospects have greatly improved, farmers must take the advice of the liquor adverts and “enjoy the better times responsibly”.'
'The percentage spent on grain decreases with an increase in income and the percentage spent on dairy products increases.'
'Joint action between farmers, agribusinesses and government is urgently needed to protect and improve our global competitiveness.'
'There is still a lot of misunderstanding about the proper way to use baseline projections in future planning.'
'The outlook for agricultural product prices remains good; there is little sign of a downturn in demand ...'
'Livestock producers will face higher feed costs, [but] fortunately the higher feed prices will result in higher US and world prices for livestock products.'
'A decrease in import tariffs will only result in lower consumer prices in a perfectly competitive market.'
'There is a lot of money to be made in agriculture - most of it lands in the pockets of agribusinesses while the farmers' share decreases.' Issue date 15 June...
'In the absence of a controlled market, farmers are responsible for their own marketing decisions.'
Sharp increases in prices have a psychological effect on market participants. This is true for share prices and also for agricultural prices. Increasing prices create a feeling of well-being amongst...