AGFACTS Newsbrief Summary – February 2016

AGFACTS Newsbrief Summary – February 2016

  • The current size of the South African tractor park, comprising tractors twenty years old and younger, is approximately 85 400 units, significantly up on last year.
  • The overall size of the tractor park has increased by 36.8% in the last ten years.
  • The current overall (smoothed) year-on-year increase in prices is now 10.4%.
  • The overall wheat crop is expected to be 1.501 million tons in the 2015 season, 14.2% less than in the previous season.
  • The preliminary area estimate for commercial maize plantings for the 2015/2016 season indicates that 1.995 million hectares have been planted, 24.8% less than in the 2014/2015 season.