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- (-) October 2021
- (-) South Africa
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Following an exceptional milk production year in 2021 (and especially the first half of the year), FAS/Wellington is forecasting milk production to fall slightly in 2022.
Post estimates that the sugar cane crop will fall by 2 percent to 17.9 million MT in the 2021/22 MY, based on cane that was burnt and rejected by sugar mills during the civil unrest and protests in KwaZulu-Natal, frost damage in some growing areas in June 2021, and some growers diversifying to more profitable crops.
Although New Zealand has been less impacted by COVID-19 than most countries around the world, it has still had a major effect on the Hotel, Restaurant, Institutional (HRI) sector.
According to Statistics South Africa (StatsSA), South Africa’s food service sector generated revenues valued at US $3 billion in 2020, down 32 percent from 2019.