FNB
Rate cut to boost agriculture
A rate cut, downside inflation outlook and supportive rand boost agriculture rebound By Paul Makube, Senior Agricultural economist at FNB Agri-Business In the midst of a recessionary domestic economy, favourable inflation outlook and lower oil prices, the South African Reserve Bank (SARB) got room to cut interest rates by[...]
Agric profitability put under the spotlight
Dawie Maree, Head of Information and Marketing at FNB Agriculture Some years ago, renowned investor and commodities guru, Jim Rogers told Americans to learn how to drive a tractor if they want to become rich. He predicted that stock brokers were going to be driving taxis. The smart ones[...]
Crop estimates still positive but not enough to lift agriculture GDP in the near term
By Paul Makube, Senior Agricultural Economist at FNB Agri-Business As expected, the latest Crop Estimates Committee’s (CEC) production estimate report showed an upward revision to the February estimate for maize to 10,56 million tons. This follows good rains since early January that stimulated farmers to increase the pace of[...]
FNB wants to help you
Spending huge amounts of money on farming equipment is no laughing matter. When financing is involved, farmers are forced to look at every transaction from all possible angles. Banks have no other option but to listen to farmers’ needs and to adapt continuously in order to stay in the[...]
Sekere insetkostes in die landbousektor gaan in 2017 verlig
Die droogte wat die land vanjaar ervaar het, het 'n aansienlike daling in geplante gebiede veroorsaak. Daar was ‘n klein bietjie verligting met die reën wat die laaste tyd geval het en boere kon op die laaste nippertjie begin plant. Volgens die oesskattingskomitee sal ongeveer 3,753-miljoen hektaar beplant word[...]