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The damaging effects of persistent dryness and heatwave in South Africa's summer crop-growing regions have raised concerns about a possible rise in consumer food inflation in the coming months.
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Writing in GQ about the phenomena, Dr Kien Vuu, the author of Thrive State, said that it wasn’t necessarily due to the health benefits of wine, but was due to the socialisation that comes “hand-in-hand with imbibing now and then”.
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This past week, South Africa, Zambia and Zimbabwe published reports indicating a potential decline in grain harvest because of intense El Niño-induced dryness. In South Africa, a recent farmers' survey by Grain South Africa showed severe grain and oilseed production challenges in various patches across the country, which have probably worsened in the past week since the survey was completed on February 21.
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In January 2024, the FAO Food Price Index (FPI) reached a value of 118.0, similar to index values last observed in February/March 2021.
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Despite all the challenges at the ports and various export markets, the South African agricultural sector has continued to realize excellent export activity. Total agricultural exports reached a new record of US$13,2 billion in 2023, up 3% from the previous year, according to data from Trade Map. This is stronger than our earlier expectations of a modest export activity this year.
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The current heat and scant rains are worrying for S.A. agriculture
