AGRICULTURAL NEWS - The latest 87c/l increase in the wholesale price of diesel will have a significant knock-on effect on the South African grain value chain, according to Corné Louw, a senior economist at Grain SA.
The increase will take the diesel price to a national record high of R14,21/l.
Louw added that most of the country’s grain production inputs were imported and were often transported from ports of entry by diesel-powered trucks, placing upward pressure on these prices over time.