Farming is a potentially lucrative business, but few of us can afford to buy arable land, let alone a working farm.
Investors interested in agriculture need not despair, however, as there are innovative ways to invest in the sector. JustMoney.co.za, a personal finance site that helps South Africans make good money choices, explores some options.
Why invest…
Despite the pandemic and a contraction in some sectors within agriculture, 2020 was a good year for the South African agricultural sector which experienced a 13.1% annual GDP growth rate, according to the Bureau for Food and Agricultural Production.[https://www.engineeringnews.co.za/article/for-south-african-agriculture-2020-was-a-very-good-year-2021-03-16]
While red meat, poultry, milk and potato producers were sitting on stockpiles as a result of…