Why Christmas lunch will cost more in South Africa this year

The article highlights the significant rise in food prices, particularly red meat, in South Africa over the past year, leading to the coinage of the term "meatflation." The increase in beef prices is attributed to a decrease in slaughters and the spread of Foot and Mouth Disease, resulting in a constrained supply and high production costs. Consequently, the prices for Class A and Class C beef are projected to increase by the end of the year.

The prices for lamb and mutton are also expected to rise due to their correlation with beef prices and the restriction in supply due to farmers rebuilding flocks. Chicken prices have also increased globally since mid-2020 due to high input costs and disease outbreaks in the EU. On the other hand, pork prices have seen a decrease due to increased domestic production and smaller demand. However, prices are expected to rebound over 2023.

The article provides a detailed analysis of the current state of South Africa's meat market, including factors contributing to the price increases and forecasts for the future. It also mentions the potential impact of these price increases on Christmas meals.