SA’s potato industry faces financial ruin as prices crash
Zuko Komisa Image | Adobe Stock South African potato farmers face a financial crisis as prices have crashed by over 50% due to a market flooded by a bumper harvest and expanded planting. The dramatic price collapse means producers are currently selling the staple crop below the cost of production, threatening the viability of agricultural businesses. The surplus was caused by a "boom-bust cycle" where favourable weather conditions and a […]