The current financial climate is one of the important factors that make farmers more cautious when purchasing expensive tractors and farm implements.
In addition, the government’s land grab program, which is at the very top of the long list of uncertainties, is the biggest reason for farmers not to incur big spending.
The rand, which has become more unstable in recent months, makes farmers even more cautious as it contributes to drastic price increases on imported tractors and harvesters.
All this, together with the possibility that crop yields are not going to be as desired, are all factors that make farmers reluctant to make new purchases.
Concerns have been expressed that the uncertain conditions could have a serious and detrimental effect on food production and delivery and could even lead to larger imports of food that would not be of the same high quality as locally grown.
