What is the story about?
What's Happening?
South African agriculture experts have emphasized the need for the sector to embrace trade knowledge to remain competitive globally. At a seminar hosted by Kal Group, Grain SA, Plaasmedia, and Nedbank, experts discussed the challenges and opportunities facing the industry. Political analyst JP Landman highlighted the positive impact of the Government of National Unity on agriculture, despite coalition politics challenges. Economist Johan Fourie urged the sector to avoid negativity bias, noting the country's prosperity compared to a century ago. Dr. Tobias Doyer, CEO of Grain SA, warned of risks such as tariff barriers and fluctuating global prices. The seminar underscored the importance of technology and innovation for long-term competitiveness, with Grain SA collaborating with research institutions to improve wheat production cost-effectiveness.
Why It's Important?
The emphasis on trade knowledge and technology in South Africa's agriculture sector is crucial for maintaining competitiveness in a global market marked by trade tensions and fluctuating prices. The sector's ability to adapt and innovate will determine its success in navigating tariff barriers and leveraging trade agreements. The focus on technology and innovation can drive efficiency and value creation, benefiting both local and international markets. The seminar's insights highlight the need for strategic planning and long-term thinking to ensure the sector's resilience and growth.
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