Absa AgriTrends 2023 Autumn Edition

between different value chain stakeholders are key, and it is in this spirit that we share our AgriTrends insights. All stakeholders in the various nodes of the agricultural value chains stand to benefit from nurturing business relationships through time. At Absa AgriBusiness, we also implement these principles in our business through longstanding relationships with key industry partners and service providers. We are excited to extend this culture to our customers and also cement long-term relationships with them.

such as poultry. Positives related to livestock production are that feed prices are easing and in this regard, our section covering grains explores how the current factors at play could affect the timing and quantum of downward trends in wheat and maize prices. Chapter 3 considers some of the ongoing realities that producers and value chain players in high-value export crops need to deal with and explores how current issues can persist into the future. The effect of load-shedding on operating costs combined with the associated risks that go along with prolonged electricity disruptions makes investment in renewables essential. To further enhance the business case for this, we show how increasing electricity costs in South Africa

affect the economics of renewable energy investments in Chapter 4.

The chapters covered here all highlight that the industry would continue to navigate disruptions and uncertainties over the coming months. Our experience is that in uncertain times, partnerships, long-standing relationships, and communication

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