AGRICULTURE NEWS - South African agribusiness leaders remain optimistic about trading conditions, albeit slightly less so than they were earlier this year.
The Agbiz/IDC Agribusiness Confidence Index contracted to 67 points in the third quarter of 2021 from the all-time high of 75 points in the second quarter of this year.
However, according to Wandile Sihlobo, chief economist at Agbiz, any level above the neutral 50-point mark meant that agribusinesses were optimistic about operating conditions in the country.
Read the full article here on the Caxton publication, Farmer's Weekly