Grain silos hit by massive diesel generator costs | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Due to load shedding, having to use diesel generators at grain storage facilities is seven times more than using electricity, expecting to eventually impact food prices. | News24_Business

The intake of higher moisture grain is a risk due to the uncertainty of electricity to run drying and aeration operations.Using diesel generators at grain storage facilities is seven times more expensive than using electricity.For more financial news,Using diesel generators at grain storage facilities is seven times more expensive than electricity - which impacts food prices, says Wessel Lemmer, general manager of Agbiz Grain, a unit of the Agricultural Business Chamber.

"It is not possible to pass these additional [diesel] costs on to the producer or processor and only marginally to buyers, since storage operators conclude contractual terms with clients in advance. Therefore, the majority of these [unexpected] increased costs due to load shedding must be covered by the storage sector," says Lemmer.

Other ways load shedding impacts grain storage include loss of stock, loss of communication systems, and slower turnaround times during intake and out loading. This causes increased demand for loading slots and leads to employees having to work overtime.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business Who wrote this, go read it and read it again. And again. And again. Maybe youl find whats wrong with it.

_Business It's crazy. This government is killing us and our country!!! Some one needs to step in and take action to make things better for us. This is also going to increase unemployment levels. The ripple effect just goes on.

_Business Like when it was covid and we had to Pay R100 for a piece of ginger.. Absolutely disgusting. Making the cost of living more and more and just another impediment to our daily lives

_Business So Pap goes through the roof 😂😂😂😂🧨

_Business CancER

_Business seven times more costly... OCD

_Business

_Business Sizafa indlala ke manje

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fixing SA: Ramaphosa calls on business to get off the rooftops and 'into the ring' | BusinessPresident Cyril Ramaphosa has implored the private sector to 'get off of the rooftops' and 'into the ring' with government as it works to address crippling issues related to energy, logistics and crime. | News24_Business _Business 😂😂😂😂😂😂😂😂😂💩🧨 _Business Government fat cats are stuck in the chimney MbalulaFikile Sona2023 _Business Maybe they would help if the government was not driven by corruption and lining their own pockets
Source: News24 - 🏆 4. / 80 Read more »

Mining industry 'forfeits benefits' of world boom due to Transnet, EskomSouth Africa’s mineral production hit a new record of R1.18-trillion in 2022 despite continued logistical constraints at Transnet, says mining industry lobby group Minerals Council South Africa. Private sector performs despite this incompetent myanc GovernmentZA (and CyrilRamaphosa )
Source: SundayTimesZA - 🏆 47. / 51 Read more »