Exploring the Heart of Agriculture: Unravelling Market Concepts and Definitions

We’re joined by Andries Fourie, a senior agricultural economist at the Department of Agriculture and Rural Development in the Free State. Together, we’re unravelling the world of agricultural markets, exploring the essential concepts and definitions that shape this vital sector.

Our exploration begins with understanding the unique characteristics of agricultural markets, how they differ from other types of markets and how these characteristics impact pricing and trading dynamics in the agricultural sector...