Market-oriented production and profitability, economic growth, and radical economic transformation are just some of the challenges agriculture will face in 2018.
Producers will still have to do everything in their power to improve the price ratio between the prices they pay for production inputs and the prices they receive for their products as far as possible. This is one of the biggest challenges for farmers.
The agriculture industry needs to deliver a greater contribution to the country’s economic growth and will, as for all other industries in the economy, be directly dependent on the profitability of agriculture.
Radical economic transformation
The ANC government’s “radical economic transformation” policy might create unprecedented and extraordinary challenges to the agriculture industry. – Bizcommunity