Agricultural Market Viewpoint with Wandile Sihlobo

After a challenging El Niño induced drought season in 2023/24 summer, South Africa’s agriculture may get a relief in the upcoming 2024/25 summer season. Early indications of weather prospects are encouraging, showing a firm likelihood of a La Niña occurrence. The International Research Institute for Climate Change and Society at Columbia University places the probability of a La Niña occurrence at over 50% between now and April 2025. Such weather events typically bring above-average rainfall across South Africa and the entire Southern region. There is hope that after a challenging 2023/24 summer production season, South Africa could transition into a favourable agricultural season, similar to what we experienced four seasons before the 2023/24 season. Given that South Africa had one of the most prolonged periods of La Niña induced rains, from the 2019/20 season to the 2022/23 season, the news of an end to the 2023/24 season El Niño is a welcome development. Listen to the podcast for more information. Podcast production by Lwandiso Gwarubana, Richard Humphries, and Sam Mkokeli My writing on agricultural economic matters is available on my blog: https://wandilesihlobo.com/