Cocoa prices ended 2018 with strong gains, leading generally firmer agricultural markets, but the year marked falls for most major commodities as increasing global economic uncertainty hit metals and oil.
Cocoa prices ended 2018 with strong gains, leading generally firmer agricultural markets, but the year marked falls for most major commodities as increasing global economic uncertainty hit metals and oil.
As South Africans navigate a festive season offering the relief of a lower fuel price — while taking a toll in disruption due to load-shedding — it all points to the shameful slow progress the country has made in developing a biofuels industry.
Macadamia nuts are hard to beat when it comes to the most lucrative crop per land area used in South Africa.
Countries such as Canada are making great strides in exploiting cannabis for economic purposes and job creation. On December 3, Kristine Owram, writing for Bloomberg, noted that “there has been a spike in postings for jobs at cannabis growers and retailers in Canada.
Over the past 12 years, millions have been invested in the promotion of avocados. The Peruvian and South African sectors alone have already spent $ 2.5 million on promotions for the Hass in Europe. That budget won't be reduced any time soon, now that sights have been set on China. Finding new markets is not an unnecessary luxury.
The spot price of white maize smashed through R3 000 a ton this week, up 51% from its mid-2017 harvest low. Similarly, yellow maize has touched R2 800 a ton, up from R1 850 in 2017.