Perceptions of the financial benefits of organic agriculture in South Africa

• Published: 2013
• Subjects: Organic farming - South Africa
• Online Access: http://hdl.handle.net/10210/8540

M. Comm. (Financial Management) === The threats of climate change have become too serious to ignore. It has thus become necessary for humans to consider the environmental impact of their decisions, including the decision regarding which agricultural practices to use. Organic agriculture is believed to be a mitigating factor when it comes to climate change. It has the additional benefit of contributing to human health due to the fact that the consumption of organically grown food reduces exposure to potentially harmful pesticides. In this study the perceptions of organic farmers regarding the benefits and disadvantages of organic agriculture, from a financial and nonfinancial perspective, were gauged. A convenience sample of 26 farmers was obtained. The utility of a convenience sample was necessary due to the unavailability of a complete database of organic farms in South Africa. The results of the study indicated that the non-financial benefits of organic agriculture were considered to be the most important consideration for the decision to farm organically irrespective the high input cost associated with it. Indeed, high input costs were identified as the greatest disadvantage of organic agriculture. The results of the study contribute to the existing body of knowledge of the trade-off between the financial and non-financial benefits of organic agriculture in South Africa.