Young farmers are redefining the future of agriculture, but not without challenges. This was the view at a roundtable discussion at the Food for Mzansi Young Farmers Indaba today at the Lavender Kontrei Market in Pretoria North. The panel delved into the pressing issues they encounter, from securing land and funding to driving innovation and sustainability.
Agriculture experts have urged young farmers to embrace collaboration, asset-building, and innovation to strengthen their agricultural enterprises and improve profitability.
Speaking at the indaba, Kgomotso Ranchu, CEO of Agricast Advisory Services, highlighted the importance of strategic partnerships and financial planning for sustainable growth.
According to Ranchu, many farmers struggle to fully utilise their land, leading to inefficiencies. However, he pointed out that a smaller farm can often be more profitable than a larger one if the right techniques and enterprise models are applied.
“Policy is good for you because it produces what is monthly and daily income. Another thing that you need to do is you need to invest in knowledge,” he said.
Building your assets
Ranchu stressed that farmers must build asset portfolios to be considered for funding. Highlighting the role of technology, Ranchu pointed out that young farmers are already well-positioned to leverage innovation.
“First of all, when you go to a bank or any other funding institution, they want to see your assets,” he said.
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Margret Molefe, executive deputy chairperson of the South African Brics Youth Association, noted that young farmers can benefit from various programmes globally, including the Youth Innovation Summit.
She added that winners in agricultural innovation could access scholarships and investment opportunities at the St. Petersburg Economic Forum. Molefe also highlighted the importance of policy advocacy to support young agricultural entrepreneurs.
Looking abroad
Ipeleng Kwadi-Seboni, chairperson of Yard North West, echoed the need for strong policy advocacy, particularly in addressing property rights and trade relations. She highlighted that young people must be at the centre of shaping agricultural policies to ensure a more inclusive and sustainable future.
“One of the basic areas is on food security. We will be going around the country this year to solicit input from young people. Based on that, they come up with a policy position which we will submit to the government.”
Kwabi-Seboni urged the government to look at fairer trade relations, especially in tariff structures, as that has an impact on farmers and their ability to operate profitability.
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