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THE

GRAIN AND OILSEED INDUSTRY

OF SOUTH AFRICA – A JOURNEY THROUGH TIME

ႅႊ

Market information in a free-market environment: NOPO market

information service

Given that the new Marketing Act provided that the Oilseeds Board had to be

phased out, NOPO’s Executive decided that an own capacity had to be developed

to interpret market trends and make it available to producers. The results of the

questionnaire to producers, which was sent out in collaboration with the University

of Pretoria, also confirmed the need for an independent information service.

An agreement was concluded with Agrimark Tendense (Dr Johan Willemse and

Ernst Janovsky) to develop a unique and accessible market information service

for oilseeds producers. The service included weekly and monthly reports on the

sunflower, soybean and groundnut markets, with analyses of international market

factors as well as the South African market conditions, crop estimates and other

factors that could affect the domestic market.

What made the market information service unique for that time was that it was

available 24 hours/day, seven days a week via an automatic fax service as well as

an internet link. Producers could therefore also obtain access to an objective and

independent market information service after hours.

When the Oilseeds Board was phased out, the NOPO market information service

was available as an information service to all role-players in the industry. However,

there was not sufficient support from the Oilseeds Working Group to maintain the

project as a project in the interest of the broad industry and the service had to be

stopped. The Oilseed Advisory Committee did approve a monthly oilseeds market

overview be published in

NOPO Nuus

and later in the

SA Graan/Grain

magazine.

NOPO also used the services of Dr Andre Jooste, from the University of Pretoria at

the time, for economic analyses on an ad hoc basis.

After the NAMPO and NOPO magazines merged in 1999, Dr Johan Willemse contin-

ued to offer a monthly oilseeds review, analysing domestic and international market

trends. The Oilseeds Trust approved the monthly article as one of the first projects

in the interests of the broad industry.

The market overview article was concluded as a project of the Oilseeds Trust in

March 2014, after 15 years. Dr Willemse was the writer from 1999 - 2012 and Dr Dirk

Strydom from 2012 - 2014. (Dr Strydom assumed an appointment with Grain SA as

Manager: Grain Economics and Marketing from 2016.)

A joint visit to the Minister of Agriculture, Mr Greyling Wentzel, was in fact historical,

as it was the first time that the three grain industries spoke from one mouth. Minister

Wentzel said it was the most fulfilling day of his life. From the left: Messrs Johan Roux

(sorghum), Cerneels Claassen (NAMPO) and Japie Neethling (winter cereal).