High inflation, slow growth: global economy at a crossroads
The spectre of stubbornly high inflation is poised to keep global central banks very busy well into the first quarter of 2023 as they scramble to ward off recession.
At the same time, these banks are endeavouring to contain price pressures that have sent food, energy and business costs soaring. Food costs are among the biggest contributors to inflation as the input costs of the supply chain increase, and are offset by pushing some of these costs onto consumers.
Analysts have warned that consumers across the globe face a bleak start to the new year, with overall food inflation running into double digits.
In the UK, food inflation hit a 45-year high in October, and was at a 43-year-high in the US, where prices shot up by 13,5% in the 12 months to September.
Diese Geschichte stammt aus der December 23 & 30, 2022-Ausgabe von Farmer's Weekly.
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Diese Geschichte stammt aus der December 23 & 30, 2022-Ausgabe von Farmer's Weekly.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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An urgent need to confront Nassella in SA
South American grass species from the genus Nassella were unwittingly introduced to South Africa over 120 years ago and continue to invade montane veld. As Mike Burgess writes, research-based action is required.
Dream Lodge: a digital detox destination
Dinner by candlelight and without digital distractions on an off-grid farm makes this North West lodge the ideal getaway for reconnecting with friends and family, writes Riaan Hattingh.
Optimising nutrient availability for cattle
Nutrient circularity in cattle farming can help improve soil health and reduce farming costs. Ernest Makua, livestock technical adviser at Red Meat Industry Services, spoke to Octavia Avesca Spandiel about practical strategies for farmers to achieve sustainability and profitability in the industry.
Canola: a growing force in South Africa's agricultural landscape
Zander Spammer, an agricultural resource manager at Southern Oil, spoke to Zunel van Eeden about the growth of the canola industry in South Africa and the main uses for this versatile crop.
Uncertainty over Trump's stance on AGOA
It is of vital importance that that the African Growth and Opportunity Act (AGOA) be upheld following the recent US presidential election, in which Donald Trump emerged as the winner.
Plum pollen study reveals varietal differences in pollination effectiveness
A new study undertaken near George, Western Cape, explored pollination in plum varieties, showing key differences in pollen quality. Octavia Avesca Spandiel reports on the research findings.
Study: small cuts to beef production could eliminate years of emissions
In a paper published in early November, scientists reveal that pasturelands, in particular those that were once forests, hold great potential for mitigating the effects of climate change.
Harnessing wind for cleaner energy
At the Windaba Conference and Exhibition, held in October in Cape Town, Western Cape, Niveshen Govender, CEO of the South African Wind Energy Association, spoke to Glenneis Kriel about the state of wind energy in the country and the opportunities that farmers can exploit.
The Cape Grace: a Cape Town icon is reborn, and her new custodians shine
Brian Berkman has had the exceedingly good fortune of spending many nights at the Cape Grace Hotel over the years. He revisits it to find it as impressive as ever.
Cutting-edge tech aiding the agri sector
Toyota Material Handling's innovations conserve resources and reduce the environmental footprint of farming operations.
