Zeder says SA’s agricultural conditions still favourable as investors eye its assets
Improved climatic conditions and robust demand benefited the group’s portfolio in its half year to August
Agribusiness-focused investment holding group Zeder, which is mulling over offers for parts of its portfolio, says it is pleased with the resilience of its companies in which it is invested, with climatic conditions and strong demand for commodities boding well for SA’s agriculture industry in coming months.
Rising fuel prices, supply chain disruptions and input costs such as fertiliser were all threat to profits, Zeder CEO Johann le Roux told Business Day, but overall sentiment remained good, and after recently faring well many farmers had cash and are looking to put it to use. ..