n Farmer’s Weekly - Agriculture GDP above average : market analysis

Volume 2016, Issue 16007
  • ISSN : 0041-848X



The Bureau for Food and Agricultural Policy reports that despite the impact of the drought, agriculture's GDP has remained above average during the past three years. Agricultural produce prices are expected to remain high until 2017. A recovery in agricultural production, combined with high prices, may result in a record gross production value for agriculture in the next production season. Therefore, the weakening rand has contributed more to the GDP decline than the drought.

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