Commercial farmers will ask President Jacob Zuma to clarify what he meant in his latest comments on the willing-buyer/willing-seller principle in regard to land reform, Agri SA president Johannes Moller said on Tuesday.

He was reacting to Zuma's comments that government was seeking a more "pragmatic" formula for land redistribution, and, to move forward decisively, "significant changes will have to be made to the willing-buyer/willing-seller model".

"If the president meant to develop more pragmatic models for land reform we are eager to work together, however if it means price manipulation and entrenched nationalisation we would have a definite problem with the approach," Moller said in a statement.

A meeting was also expected to take place between Agri SA and the Land Bank next Monday.

Moller said although the Land Bank was supplying less credit to commercial agriculture, some R5-billion or 12 percent of agriculture debt was still with the Land Bank.

He said the Land Bank was still an important role-player in agriculture financing.

Moller said Agri SA would discuss various issued with the Land Bank including the role it should play to ensure a "competitive" environment in agriculture financing.

"We are aware of the shaky composition of the asset and capital structures of the Land Bank, the fact that allegations of corruption had not (been) sorted out and that the bank's vision for its future financing focus had not (been) decided yet." Moller said suggestions of an alternative agriculture financing structure, besides the Land Bank, would also be discussed.

"The bigger focus on rural development, especially in the former homeland areas, shows further a need for a more purpose-specific structure next to the Land Bank," said Moller.