AGFACTS Newsbrief Summary – February 2017

AGFACTS Newsbrief Summary – February 2017

  • The current size of the South African tractor park, comprising tractors twenty years old and younger, is approximately 86 500 units, marginally up on last year.
  • The overall size of the tractor park has increased by 36.3% in the last ten years.
  • The current overall (smoothed) year-on-year increase in prices is now 7.9%.
  • The overall wheat crop is expected to be 1.893 million tons in the 2016 season, 31.5% more than in the previous season.
  • The preliminary area estimate for commercial maize plantings for the 2016/2017 season indicates that 2.549 million hectares have been planted, 30.9% more than in the 2015/2016 season.