What is the true value of SA’s commercial farms?

Two agricultural experts estimate the value of South Africa’s commercial farms at ten times higher than government estimates.

The Department of Agriculture, Forestry and Fisheries values all commercial agricultural land in South Africa at R192 billion, as stated in its recently published Economic Review of the South African Agriculture 2014.

In a study produced by Moneyweb, the true value of South African commercial agricultural land is closer to R2.5 trillion, ten times the official R192 billion value.

Read more here.