Zimbabwe’s abattoirs struggle

Published 2021년 8월 22일

Tridge summary

Zimbabwe's abattoirs are facing challenges in procuring slaughter stock due to communal farmers holding onto their livestock to hedge against inflation and rich pasture conditions. This, coupled with declining availability and increased procurement costs, has led to a 2% decrease in cumulative slaughters compared to the last quarter of 2020. The country's annual inflation slowed to 56% in July, but remains one of Africa's highest. Additionally, abattoirs are also struggling with Covid-19 related restrictions, currency uncertainty, and diseases like foot-and-mouth disease and theileriosis.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Zimbabwe’s abattoirs struggle – The Standard BY MTHANDAZO NYONI ZIMBABWE’S abattoirs are struggling to secure slaughter stock, as farmers have turned to livestock to store value and hedge against inflation, according to a report by the Livestock and Meat Advisory Council (Lmac). The country’s annual inflation slowed to 56% in July, the first time the figure fell below triple digit levels in two years, but remained one of Africa’s highest rates. Lmac said in addition to hedging against inflation, communal farmers were holding on to their stock as pastures have been rich this year, following a good rainfall season. “Field reports from members of the Zimbabwe Association of Abattoirs confirmed increasing difficulties in securing slaughter stock from the communal areas,” Lmac said in its first quarter report on Friday. “Procurement costs have also risen, partly because of declining availability as farmers are under less selling pressure due to improved harvests and a shift in ...

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