Right now, the agriculture sector is one of the spots of excellence in South Africa, and its being treated very well thanks to a double whammy of record-breaking harvests, and increasing commodity prices.
This is good news for the SA economy.
It means the agricultural sector could employ more people, putting money in the consumers' pocket. It means there are many supporting businesses and ... ››› more
The oil price crash, and subsequent low demand for fuel worldwide could be seen as a positive for businesses. Transport costs come down - meaning extra cash in the bank.
You'd expect the same for farmers.
But the low oil price could actually be a big negative for maize farmers the world over…
Let me explain.
Here&... ››› more
As I predicted last year, 2016 was a year of consolidation. Our market went nowhere. But shares are much cheaper today than they were a year ago.
And that makes me optimistic about 2017.
But there's one industry in particular that I've got my eyes on.
It was arguably the worst sector for 2016.
One of the worst droughts in decades hit South Africa. Farmers lost crop... ››› more
The drought that's battering Southern Africa right now is going to wreak havoc on your pockets in the near future. South African corn farmers are expected to produce the lowest maize produce in 8 years.
The last time production numbers were this low was in 2008.
The numbers are concerning and it seems that South Africa will have to drastically increase the amount of maize it imports to 3.8... ››› more
It's called the weatherman strategy and it's a great way commodity traders can find their next big trade. And right now, all signs point to the fact that maize prices could go through the roof…
“Dry weather conditions have hit the main maize-growing areas in South Africa, wilting the crop and dashing prospects for better yields this year,” report Fin24.
This is worrying for food produ... ››› more
Disclaimer FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this website.