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Home » World Bank’s stagnation prediction bad news for SA’s farmers

World Bank’s stagnation prediction bad news for SA’s farmers

June 15, 20221 Min Read Crops
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The World Bank has lowered its expectation of global economic growth for a third time since October, which bodes ill for South African farmers, according to Marlene Louw, senior agricultural economist at Absa AgriBusiness.

World Bank’s stagnation prediction bad news for SA’s farmers
The World Bank’s lowering of global economic growth means that interest rates and input prices are likely to rise over the short and medium terms, which is bad news for farmers, says Marlene Louw of Absa AgriBusiness.
Photo: FW Archive

The World Bank has lowered its expectation of global economic growth for a third time since October, which bodes ill for South…



Source: Farmers Weekly

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