Prices are most reasonable and in general they are coming down.
Didiza has taken the position that market-based land reform has failed to deliver quality land at the right price and this cannot be allowed to continue. Many previously disenfranchised black people want to enter the agriculture sector, she told a Black Management Forum conference in Johannesburg, but have been constrained by the lack of available land. It is for this reason that the government is looking at expropriation to buy out farms at true market values. Botha says the government has no evidence of this anywhere in the country and that many owners, particularly fruit and grain farmers, will happily sell their properties for less than market value because the prices for their products are so low at present. Many of the grain farmers do not even have sufficient security to borrow funds to buy seed for this year's planting because of the low prices received last year.