Agbiz/IDC Agribusiness Confidence Index marginally declines in Q2, 2017 .

Agbiz Morning Market Viewpoint on Agri-Commodities: 15 June 2017.
June 15, 2017
Agbiz Morning Market Viewpoint on Agri-Commodities: 19 June 2017.
June 20, 2017

Agbiz/IDC Agribusiness Confidence Index marginally declines in Q2, 2017 .

The Agbiz/IDC Agribusiness Confidence Index declined, albeit marginally, by one Index point to 56 points in the second quarter of this year. Despite the slight decline in confidence, the sector remains in expansionary territory1 . This is the fourth consecutive expansionary reading, indicating that agricultural activity continues to stabilise following the damage of the 2015-16 drought.

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