The Money Show's Bruce Whitfield interviews Arnold Prinsloo, CEO of pork brand Eskort.
As consumers batttle to keep up with increases on all fronts, the pork industry has highlighted that its prices remain low amid soaring food inflation.
... pork is increasingly stepping up to the plate to relieve pressure from budgets, offering consumers a cost-effective protein alternative at an average of just half the price of beef and a third of the price of lamb.On The Money Show, Bruce Whitfield asks Prinsloo if choosing pork is just a question of price, or whether it offers a real value proposition.
Per 100 grams, you will get the best buyer's protein if you compare it to beef and chicken... The other proteins' prices have increased dramatically over the past year and the pork price has been stable.I think it's that the pork producers - the farmers - have increased their stock over the last year by more than 5%, and the consumer's under pressure.
At the moment the beef price to the farmers is about R60 and to the lamb farmers R110, whereas pork farmers are getting around R28. We think that after the good rains some of the farmers are keeping back their beef stock... and therefore the price has risen whereas with pork the pigs are coming through from the farms...
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