Fri. May 17th, 2024

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“The problems are local, not international,” Andrew Prince, founding director of sourcing solutions provider F Curve Agri in Johannesburg, tells The Africa Report.

Prices were rising before the war broke out, he says. The timing of purchases, and the transparency and quality of “monstrously inefficient” government tenders, are the real underlying issues.

On timing, both larger farmers and governments, which purchase to distribute fertiliser to small farmers, routinely fail to buy at the right time given the annual global price cycle, Prince says. The northern hemisphere’s demand is usually highest in the fourth and first quarters of a year, and the southern hemisphere needs to buy its fertiliser in the second and third quarters.

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By Joy

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