Abstract
The agricultural sector in South Africa has been particularly strategic for the country since the early twentieth century. Concurrently representing a building block of the national accumulation system centered on mines, a reservoir of votes for the National Party during apartheid and a core element of the post-apartheid economic and social transformation, agriculture has been a major focus of attention for successive governments. In this respect, the state has set up institutions and original arrangements to finance agricultural production and ""modernization."" This article proposes an analysis of these original public policy instruments in order to better understand the mechanisms and forms of the financialization processes of public action, both in its ends and in its means.