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Agricultural review of 2020 and outlook for the year ahead

perskes

Source: Johan Hudson, head of agriculture at Nedbank: Bizcommunity 6 January 2020, photo credit: Andreas-Semerad/iStock.com/Britannica

The year 2019 had been a challenging one for agriculture and as we headed into 2020 there was some trepidation about the year ahead and what it held in store for us. At that time the focus was on the impact of the ongoing drought, the need to get to grips with climate change, the increasing biosecurity concerns pertaining to pests and disease outbreaks and the slow pace of land reform.

While many of these challenges remain unresolved, the early sentiment in 2020 was turning positive.

But for all the reasons now known to us, 2020 turned on its head, and what a crazy year it has turned out to be. Not only did Covid-19 take centre stage, but we were also subject to a sovereign downgrade. At the height of the pandemic, there was extreme uncertainty as to what this meant for us as a country, which, as we know, was already experiencing economic hardship going into 2020.
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