Food prices won't go up for Christmas - economist

Agriculture economist at University of Free State Professor Johann Willemse says South Africa has probably reached the top end of food prices.

Willemse says the excessive supply of red meat, slaughtered due to the drought, helps keep prices down.

He also says the rand-dollar relationship will cause a decrease in grain prices, and prices are unlikely to increase in December.

We expect after the drought to have price increases in red meat. Also veggies supply is also increasing in summer, depending if you have sufficient irrigation water.

Professor Johann Willemse, agriculture economist

So in general I think we are quite close to the top end of food price increases.

Professor Johann Willemse, agriculture economist

Listen to the audio below for more information...


This article first appeared on 702 : Food prices won't go up for Christmas - economist


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