19 May 2016
Agbiz Congress Update - Last chance to register
We have extended the registration for Agbiz Congress until Monday, 23 May at 12:00 noon. 

Policy and legislation
Expropriation Bill now to be signed into law

Restitution The controversial Expropriation Bill was passed in the National Council of Provinces (NCOP) on Wednesday, 18th of May2016. Having gone through the full Parliamentary process, it will now be sent to President Jacob Zuma to be signed into law. He may still refrain from assenting the Bill if it is deemed to be unconstitutional by his advisers, or if the consultation processes followed are deemed to be improper. Its intention is however to align the government's expropriation processes with the Constitution, which makes compensation a requisite. Essentially the Bill dictates the processes that need to be followed in detail, from valuation to expropriation, as well indicates the rights and responsibilities of the land owner. The Bill makes the courts the final arbiter of disputes and gives local authorities the chance to have a say over the effect that expropriation will have on municipal planning. Agbiz, together with other major partners, has however indicated its concern around the definitions of  both "Property" and "Expropriation" that were included in the Bill during the Parliamentary process, subsequent to the NEDLAC process. The  inclusions of these definitions are probably not unconstitutional, but increase the risk in terms of what is deemed expropriation, and what might be termed deprivation of property, i.e. expropriation without compensation. Agbiz will monitor the implementation of the new Expropriation Bill very closely, once enacted.
Economic and agribusiness intelligence
Fuel prices to increase amid gradually rising brent crude prices and a weakening rand

The preliminary estimates from the Central Energy Fund indicate that petrol and diesel prices could increase by 26 cents per litre (c/l) and 47 c/l, respectively, on the 1st June 2016.  Agbiz economists explain the key drivers behind the expected fuel increase and implications of the increase in the linked article.
Farmers must manage pricing maze

South Africans along the entire food value chain have borne the brunt of the El Niño induced drought. However, grain producers must not forget to think beyond this ephemeral crisis and its associated high grain prices.  Weather models are already indicating a gradual decay of the El Niño weather pattern, and it could be over in the next four months.  Click here to read the full article which was published in The Greenkeeper, a discussion platform for agribusiness.   
Food and beverages manufacturing takes a knock in the first quarter of 2016

Bev Manufacturing data released on 12th May 2016 by Statistics South Africa indicates that the country's total output declined by 2% year-on-year (y/y) in March 2016. Meanwhile, the food and beverages sector's output - which is the largest in the manufacturing sector1 - declined by 1.5% y/y.  Agbiz economists unpack the numbers in the linked article.  Agbiz economists unpack the numbers in the linked article.
Food prices expected to remain high

Food_Prices The latest consumer inflation data released by Statistics South Africa indicated that in April 2016, headline inflation expectedly decelerated to 6.2% year-on-year (y/y) from 6.3%y/y in the previous month. However, the inflation of food and non-alcoholic beverages accelerated to 11%y/y, from 9.5%y/y in March 2016.  We expect food prices to remain at higher levels, at least until mid-2017, assuming that there will be favourable weather conditions in the 2016/17 production year to replenish market supplies. Agbiz economists provide more insight in the linked article.
Agbiz market viewpoints on agri-commodities

South Africa is very much integrated into a dynamic global market, which is characterised by rapid changes.  To support decision makers in this environment, Agbiz members receive daily commentaries on agricultural commodity markets and macro-economic trends via e-mail. All other interested parties can view the links below for the historic and latest commentaries.  This week's reports»
International trade and investment intelligence
Agbiz participates in the Tshwane International Trade and Infrastructural Investment Conference 

CompWorkshop Agbiz contributed to this year's Tshwane International Trade and Infrastructure Investment Conference (TITIIC) which was held from the 17-19th May at the CSIR Convention Centre in Pretoria. The Tshwane International Trade and Infrastructure Investment Conference is a bi-annual, multi stakeholder gathering which aims to bring together policy makers, business and civil society to promote the City of Tshwane as a preferred destination for trade and investment, both domestically and internationally. Read more»
Members' news
PwC releases Africa Business Agenda

PwC has recently released its Africa Business Agenda 2016 survey at the 26th World Economic Forum on Africa in Kigali, Rwanda. The agenda compiles results from 260 chief executives and includes insights from business and public sector leaders from 18 African countries.  Download the agenda here»
SA cellar workers eager for knowledge

Cellar workers in the South African wine industry have a greater thirst for knowledge than ever before and continuously empower themselves with information about the latest technology and best practices. Read more
New buffalo supplement ideal for dry winter months

A new supplement for buffalo, which can be applied effectively particularly during times of feed shortages, can help producers to see their game through the winter successfully this year.  The product has been developed by Opti Feeds from Lichtenburg with the aim to let commercial game benefit from it and therefore give the game producer more profit in his pocket. Read more
Industry news
U.S. beef arrives in recently reopened South African market
- www.usda.gov

Bureaucrats drunk with power behind absurd idea to raise legal drinking age
- www.bdlive.co.za
News around the web
Five measures of growth that are better than GDP

Butcher selling meat in a vending machine to keep prices affordable

Bridges Africa - Analysis and news on African trade and sustainable development

Upcoming Events
Agbiz Pre-congress Workshop
31 May 2016 | Somerset West, Cape Town
"Transforming leadership in agribusiness"
Agbiz Congress 2016
1 - 2 June 2016 | Somerset West, Cape Town
"Fit for the Future"
Potatoes SA Transformation Symposium
9 June 2016 | East London International Convention Centre, Eastern Cape
Infrastructure Africa Business Forum
9 - 10 June 2016 | Sandton Convention Centre | Johannesburg
IFAMA 26th Annual World Conference
19 - 23 June 2016 | Denmark
The IFAMA world conference will focus on three major issues crucial to the
food challenge:
People: Flow of Talent in the Food and Agribusiness Sector
Climate: Climate-­Smart Food and Agribusiness Systems
Big data: Better Analytics and Deeper Insight Management
Media release
Avi Africa 2016
21 - 23 June 2016 | Emperors Palace | Gauteng
"The biggest poultry congress and exhibition in Africa"
4th Annual Africa Women in Agriculture & Agribusiness Summit
19 - 20 July 2016 | Midrand Conference Centre-Gauteng
"Turning Agricultural Activities into Business"
For more information contact Kelly Siasamba on kelly@amabhubesi.co.za
Farmbiz Agribusiness Africa Conference 
27 - 28 July 2016 | Gallagher Convention Centre, Midrand
Enquiries: Marianna du Plessis,  africa@farmlinkafrica.co.za or 082 337 6127
Tropentag International Conference on Research in Food Security, Natural Resource Management and Rural Development
18 - 21 September 2016 | Vienna, Austria
AMT Agri-Outlook Conference
28 September 2016 | CSIR Convention Centre | Pretoria
Social Media
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In this newsletter

Thank you to all the Agbiz Congress sponsors, listed below, for your generous support:
















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Thank you to the following Agbiz Congress media partners: