Tridge summary
The Meat Board of Namibia's review of marketing performance for Q3 2021 reveals a 2.3% increase in cattle marketed, totaling 69,811, due to increased slaughter at export-approved abattoirs, despite a 12.3% year-to-date decline. Export abattoirs' performance was bolstered by feedlots and imports from Botswana, and 59% of cattle were live exports to South Africa. Sheep marketing also increased by 8.57% in Q3 2021, driven by live exports to South Africa. However, export-approved abattoirs faced challenges, with reduced sheep herd and price competition. The pork sector remained stable, with local production meeting 34% of requirements in the first nine months of 2021, despite a slight decrease in the average pork ceiling price. An interventionist scheme managed by the Meat Board aims to protect Namibian producers from cheap imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
TOTAL of 69 811 head of cattle were marketed during the third quarter of 2021, compared to the 68239 marketed in the same period in 2020.According to a Meat Board of Namibia review of the marketing performance for cattle, small stock andpork published this month, this was an increase of 2,3%, driven by an increase in slaughter at export-approved abattoirs. However, the board says the number of marketable cattle dropped as producers continued restocking."On a year-to-date basis, total marketing declined by 12,39%, with a total of 170 838 cattlemarketed," the review states. "The improved performance was driven by a significant increase in cattle slaughtered at export-approved abattoirs that more than doubled during the quarter, while live exports reducedsignificantly," the board says.Out of all cattle marketed year to date, 59% were live exports, 26% went to export abattoirs, while Band C class abattoirs got 15%, the review says. Compared to 2020, export abattoirs gained 5% market ...
Source: All Africa
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