Agribusiness Biweekly Insight Report – Standard Bank

Field Crops South Africa’s agricultural GDP rebounded by 13.5% quarter-on-quarter (q/q) in the first quarter of 2024 (Q1-2024), following a decline of -2.4% q/q in Q4-2023. In Q1-2024, the agricultural sector was primarily supported by higher production volumes in horticulture and livestock, and better terms of trade in horticulture as well as in field crops. […]