WANDILE SIHLOBO: La Niña and prices surprises will make farmer fingers itch for the soil
Firmness in commodity prices and rain forecasts provide incentives to increase plantings
SA is about a month-and-a-half from the start of the 2020/2021 summer crop planting season. Commodity prices and the weather outlook are the most important indicators of farmers’ potential planting decisions for the season ahead.
I recently discussed the latter on these pages, highlighting that the forecast La Niña weather event this summer signals higher rainfall, which is conducive for crops. The former is the one I find most interesting and is also supportive of a potential increase in plantings in the 2020/2021 season.