South Africa Agribusiness Report Q1 2013 - New Market Report Now Available
BMI View: The grain market in South Africa is still tight on the back of an average 2011/12 harvest; in our view, relief to food prices will not come before the start of the new season in May 2013. The livestock sector is experiencing difficulties because of the recent surge in grains prices, and the country's main poultry companies have posted falls in earnings in recent quarters. We believe this situation is temporary and see potential for these companies to...
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