Wetter 2024/25 season to boost Seed Co volumes

FINANCIAL securities firm, IH Securities, sees a boost in Seed Co sales volume on the back of a projected wetter 2024/25 season in southern Africa.

The 2023/24 cropping season was negatively affected by an El Niño-induced drought categorised by average to below normal rains significantly lowering food security in the region.

In a latest weather update, the World Meteorological Organisation, has however, predicted above normal rainfall for southern Africa for the second half year of 2024.

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