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South Africa is set to lose preferential access to the US market under AGOA from January, putting farmers who produce specifically for that market at a disadvantage. Despite the loss, South African agricultural exports rose 9.1% year on year to $4.12 billion in the second quarter of 2026, with growth in exports to Vietnam, Saudi Arabia and China; the EU and Africa together took 70.7% of exports.
Losing US preferences could redirect South African agricultural trade and weaken demand for products tailored to US buyers, while growth in other markets may partly offset that impact. Stricter EU green standards could raise compliance costs for exporters seeking to shift sales to Europe.
businessday.co.zaCarlyn Davies, Sandile NhlengetwaNov 6, 2026After 1,802 past trade events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.7%), and +0.7% over 20.
After 977 past trade events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.8%), and +0.1% over 20.
After 362 past trade events, Palm Oil moved a median +0.2% over 5 sessions (56% higher; middle half -1.0% to +1.5%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
