Statistics South Africa (Stats SA) recently published its 2021 Agricultural Survey. Total income earned in the sector was R417,1 billion, up 11,9% from the R372,8 billion of 2020.
The livestock industry produced 38% of total income, followed by the horticultural sector at 26,5% and field crops at 19,5%.
Sales of field crops rose 24,2% year-on-year (y/y), while those of horticultural crops increased by 19%. In contrast, income from livestock increased by only 5,1% y/y.
Total expenditure in 2021 was 10,2% higher y/y, while capital expenditure rose 8,9% y/y. Some 52% of total expenditure was spent on farm requisites and 12% on salaries and wages.
Net farm income (the difference between income and expenditure) was R27,78 billion, 42% higher than the R19,48 billion of 2020. Capital expenditure increased by 18,8% y/y. These figures are summarised in the table below.
OUTLOOK FOR 2022 AND BEYOND
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Denne historien er fra January 27, 2023-utgaven av Farmer's Weekly.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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New farmers' seedling pitfalls
Inexperienced farmers may be tempted to grow seedlings from seed themselves, but they have much to gain by trusting a seedling grower at a nursery to perform this task for them instead
South African avocado production: a success story
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An agribusiness's dedication to community upliftment
For agribusiness NWK, located in Lichtenburg, North West, corporate social investment is an important part of creating a positive influence alongside financial returns. Johan Bezuidenhout, NWK’s group manager of corporate marketing and communication, spoke to Annelie Coleman about why the company chooses to invest millions of rands in the area it operates in every year.
Empowering dreams, transforming lives
Since its launch in 2013, the Agri's Got Talent competition has revolutionised the lives of many farmworkers by unlocking their hidden talents and fostering a culture of empowerment. Glenneis Kriel spoke to various finalists about how the contest has changed their lives.
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The real value and message of COP29 for SA agriculture
While the 2024 Conference of the Parties may have disappointed those who hoped for real progress, it's more important for South African agriculture to highlight its role in carbon mitigation
Improving efficiencies in feed and grain milling
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Tips for better olive production
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More effort needed to protect vulnerable cheetah
On International Cheetah Day, commemorated every year on 4 December, emphasis was placed on the vulnerability of the species.
