Workers plant seedlings of rooibos tea at a farm near Vanrhynsdorp, in the West Coast District Municipality in the Western Cape on June 30, 2021.Workers plant seedlings of rooibos tea at a farm near Vanrhynsdorp, in the West Coast District Municipality in the Western Cape on June 30, 2021.is having an adverse effect on the farming industry in the provinceand a shortage of fertiliser, which have resulted from the conflict, will lead to an increase in production costs for farmers.
With Ukraine’s ports closed and much of the Russian grain supply frozen by Western sanctions, there are fears tightening supplies will lead to shortages in importing countries. South Africa, a net exporter of maize, another name for corn, imports about 40% of its wheat, but Agriculture Business Chamber Chief Economist Wandile Sihlobo said shortages were unlikely.
“In South Africa, the near-term impact of this war is through price transmission and not the limitation on the commodities’ availability,” Sihlobo said in a weekly note.
How? Elaborate.