Rainfall might not make meat cheaper

2017-02-01 06:01
Consumers must be ready for an increase in red meat prices.

Consumers must be ready for an increase in red meat prices.

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

The price of red meat will not necessarily be lowered after the positive impact of the good rain.

The contrary seems to be possible.

Farmers had to thin out their livestock to such a degree that they are currently in a build-up phase.

This means that less cattle will be slaughtered and that prices can rise.

“It can take up to three years to build up a herd and during this period the local meat supply will be less than usual,” says Hamlet Hlomendlini of Agri SA.

“It may even be necessary to import red meat to satisfy the local demand. This unfortunately means that red meat prices will rise considerably in 2017.”

NEXT ON NEWS24X

Inside News24

 

Matric Results are coming soon!

Notify me when results become available

/News
Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.