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MESSAGE OF THE WEEK

Greediness refers to an excessive or selfish desire for more of something, typically wealth, power, food, or resources, beyond what is necessary or fair. It often involves prioritizing personal gain over the well-being of others or disregarding ethical considerations.

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HEADLINE NEWS OF THE WEEK

Farmers often carry the financial burden of rising costs throughout the economy. When fuel, fertiliser, feed, electricity, labour, veterinary services, and other inputs become more expensive, producers are expected to absorb these increases while continuing to supply food. Unlike many other industries, farmers often have little control over the prices they receive for their products, which are largely determined by market conditions.

A farmer may spend months investing in crops or livestock, taking on significant risks and costs, only to find that market prices are below production costs when it is time to sell. Perishable products cannot simply be stored indefinitely while waiting for better prices, forcing producers to accept losses. Livestock farmers face similar challenges as rising input costs and disease-control measures place additional pressure on profitability.

The closure of the Strait of Hormuz represents far more than a temporary shipping disruption; it marks the onset of a systemic agrifood shock with the potential to trigger a severe global food price crisis within six to twelve months.

Our Farmers

https://www.farmingportal.co.za/index.php/farming-news/viewpoint/12659-viewpoint-risks-for-south-african-farmers-from-a-strait-of-hormuz-closure-and-global-agrifood-shock

The world has become well versed in the importance of the strait of Hormuz to the world’s energy flows, but attention is increasingly turning to its vital role in another market – the fertiliser on which harvests depend.

Food security

https://www.farmingportal.co.za/index.php/farming-news/international-news/12502-food-security-timebomb-a-visual-guide-to-the-gulf-fertiliser-blockade