Farmer's Weekly

The big stink about ginger prices

One of the few positive impacts of the COVID-19 pandemic in South Africa has been the attention it has brought to food prices in the country and, more specifically, the disparity that exists between producer and retailer prices.

The most recent example is the dramatic increase in retail prices for garlic and ginger. published an article in which we asked a number of experts which niche fresh produce held the most potential in terms of future demand and price; one of the products mentioned was ginger. However, I don’t think anyone at the time would have seen the price of ginger jumping fourfold, from around R100/kg to R400/kg, in less than a year. This type of price increase takes our general understanding of the dynamics of supply and demand to the extreme, and ultimately raises the question of how we should balance our expectations of ethics and fairness with the dynamics of the free market.

You’re reading a preview, subscribe to read more.

More from Farmer's Weekly

Farmer's Weekly2 min read
Nampo Is Once Again Upon Us!
It’s that time of the year again: Nampo Harvest Day is upon us! For those readers who are unfamiliar with the event, Nampo is the biggest agricultural show in the Southern Hemisphere, and attracts farmers, businesses and even ordinary civilians to Na
Farmer's Weekly4 min read
Brent Crude Oil Prices Followed An Upward Trend In March
Brent crude oil prices have been an important topic as the commodity is one of the biggest macroeconomic indicators globally. In our previous piece on Brent crude oil market dynamics, we noted that the commodity remains of interest for analysts due t
Farmer's Weekly1 min read
Farmer's Weekly
EDITORIAL TEAM Editor Janine Ryan, janiner@caxton.co.za Senior designer Louis Kruger Designer Mario Ferlito Copy editors Fanie de Villiers, Yvonne Fontyn and Richard Goller Digital editor Sindira Chetty, sindirac@caxton.co.za Office assistant Prenush

Related Books & Audiobooks