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Student Geography conference inspires next generation of geographers

06 November 2023 | Story MBALI MABOEA | Photo SUPPLIED

The Department of Geography on the UFS Qwaqwa Campus recently played host to the Society of South African Geographers Conference (SSAG 2023), which gathered more than 100 students over three days.

Fostering academic growth, collaboration, and inspiration among students and researchers in the field of geography, the Department of Geography on the UFS Qwaqwa Campus recently played host to the Society of South African Geographers Conference (SSAG 2023), which gathered more than 100 students over three days.

Following a five-year hiatus, the three-day conference comprised student proposal presentations in different fields: human geography, environment geography, geoinformatics, and physical geography, divided into breakaway sessions over two days. Furthermore, day three of the annual conference included an excursion to the Basotho Cultural Village and Clarens.

The three-day annual student conference focused on different themes presented by two main speakers. The topic of the first keynote speaker, Dr Mahlomola Daemane, General Manager of the SANParks Arid Research Unit, focused on the contemporary conservation, transition, and relevance of science in policy and decision making.

The second keynote speaker was Dr Felicia Akinyemi, a Marie Sklodowska-Curie Research Fellow affiliated with the Institute of Geography at the University of Bern in Switzerland. Her work focuses on the intersection of geoinformatics, global change, and sustainability. Dr Akinyemi focused her talk on the integrative geospatial methods and metrics for sustainable land use. She introduced different techniques and metrics and gave students insight in early-career African research.

Speaking about the success of the conference, Nthebohiseng Sekhele, Geography Lecturer on the Qwaqwa Campus and chair of the organising committee, said, “The local organising committee was also very impressed with the quality of presentations from our postgraduate students in Geography, as well as the robust discussions that happened during the parallel sessions in the two days of the conference. We had a positive response of physical and online participation from many universities across South Africa. We are pleased that we have achieved our goal with this conference, which is to inspire the next generation of geographers.”

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher

2014-09-01

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail

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