Cattle farmers under pressure as beef prices look set to remain subdued

South Africa News News

Cattle farmers under pressure as beef prices look set to remain subdued
South Africa Latest News,South Africa Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Maize prices have shot up because of the severe drought while the outbreak of foot-and-mouth disease in Limpopo has made situation worse

A cattle herder separates Nguni cow and calves. Picture: SOWETAN

This has seen neighbouring countries closing their borders. Zimbabwe, Botswana, Namibia, eSwatini and Mozambique announced a ban on SA meat imports pending the containment of the disease. According to Van Reenen the rest of the year looks set to continue to be challenging for cattle farmers. The Agriculture Business Chamber , an organisation that represents commercial farmers and agribusiness, recently said in a market update that SA’s meat price inflation could remain subdued in 2019 as a ban in exports could increase local supplies.

However, while good progress has been made, more needs to be done to ensure that the trade volumes from beef exports increase to the volumes seen before the outbreak disease, said Van Reenen.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TAPI TAPI: Tapping into ice cream memoriesTapi Tapi (Shona for ‘yum yum’) ice creams uses distinct flavours as a way of importing memories of childhood into the present day and creating conversations around that. Its flavours include roasted peanuts, maize, imphepho (a medicinal and fragrant plant), amatungulu (Natal plum), as well as other fruits common in ice cream such as gooseberry, saffron, and granadilla.
Read more »

Ace Magashule’s dodgy dealings exposedAce Magashule’s dodgy dealings exposedSecret visits to Saxonwold in Johannesburg and a brown envelope full of cash from Atul Gupta, ties to a businessman gunned down in Sandton after a controversial tender from the Free State government to the tune of R255 million, and even alleged cattle theft.
Read more »

Farmers buckle under fuel price hikesFarmers buckle under fuel price hikesFarmers are bracing themselves for further knock-on effects on production following the fuel price hike.
Read more »

Oil prices set for biggest quarterly rise since 2009Prices are buoyed by Opec-led supply cuts and US sanctions on Venezeula and Iran, but Bank of America warns of a recession in 2020
Read more »

JSE looks set for strong start to the weekAsian stocks powered ahead thanks to positive manufacturing data out of China and optimism that a resolution to the trade spat is imminent, which bodes well for the local bourse
Read more »

Oil price spike and weakening rand feed massive fuel price hikeOil price spike and weakening rand feed massive fuel price hikeEconomists have warned that fuel price and electricity tariff increases are likely to create fertile conditions for investor uncertainty.
Read more »

What beef? Mshoza & Ntsiki Mazwai have reunited!Mshoza spoke openly about why she and Ntsiki Mazwai buried the hatchet and what the beef was about.
Read more »

White farmer helps EFF after North West car crash leaves one dead, one injuredWhite farmer helps EFF after North West car crash leaves one dead, one injuredParty member Elizabeth Masemola passed away following the accident and another member was seriously injured.
Read more »



Render Time: 2025-02-24 22:29:41