Farmer's Weekly

SA’s agri confidence plummets amid market disruptions

The Agbiz/IDC Agribusiness Confidence Index (ACI) fell from the 50-point mark in the first quarter of the year to 39 in the second quarter. A level below the neutral 50-point mark implies that agribusinesses are downbeat about prevailing business conditions in South Africa.

The 10 sub-indices that make up the index all showed a significant decline

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