FNB economist says the fuel cut will help reduce cost pressures in agriculture [SOUND]

# FNB senior economist, Koketso Mano, says with harvesting of summer crops in full swing, the latest fuel cut will boost farmers’ profitability as it accounts for almost 13-percent of input costs in grain production. Both grades of petrol have gone down by five cents a litre. Motorists are also now paying 37-cents less for diesel at the pumps. Mano says the citrus export season is also in full swing, and this will boost margins as the cost of transportation from farms to ports of exit is reduced: