A sudden drop in the price of tobacco could not have come at a worse time for Zimbabwe. Halfway through the selling season, the price is about 37% lower than last year — at a time when, on its current trajectory, inflation could hit 100% by year-end.
The USDA WASDE report indicated lower than expected yields, production and carry out stocks; this provided support for market prices.
Weekly Market Report- GrainSA
South Africa's wine industry is facing a challenging future and it is desperately searching for a hero – an icon wine.
Most of the limes imported by Europe and North America come from Mexico and Brazil. Other Latin American countries also have production for export. In China, the fruit's production is expanding due to the growing domestic demand for the product.
The situation in the grapefruit market is currently very good. "The market in Europe is almost empty and that is resulting in high prices for the South African grapefruit. South Africa has slowly started shipping to the EU, after sending the largest volumes to Asia and Russia.
