SA meat prices could double in the next few months
The African Farmers Association says that meat prices could double in the current economic climate.
The association warned of price shocks for chicken, pork and red meat in the short term due to rising fuel prices and a national drought, Eyewitness News reported.
These factors are compounded by rising inflation and interest rates, along with a hike in electricity tariffs.
The association pointed to the staggering increase in maize prices – which is used to feed livestock – currently at around R3,000 a tonne, from between R1,800 and R2,000 before.
It warned that the price may hit R5,000 per tonne by winter.
News Category
- International retailers
- On the move
- Awards and achievements
- Legislation
- Wine and liquor
- Africa
- Going green
- Supplier news
- Research tools
- Retailer trading results
- Supply chain
- Innovation and technology
- Economic factors
- Crime and security
- Store Openings
- Marketing and Promotions
- Social Responsibility
- Brand Press Office
What is the News on Load shedding?
We have had more than 155 consecutive days of uninterrupted power supply, or the dreaded term of ‘load shedding’ or ‘reduction’.
South Africans to expect big petrol price cuts
Some more good news for next week, is that drivers in South Africa can look forward to significant reductions in fuel costs. The bolstered Rand has played a major role in the proposed lowering of fuel costs, along with a lower demand for oil.
Confirmed: Petrol, diesel price cuts on Wednesday
By: News24
Petrol and diesel prices will be lowered on Wednesday, thanks in part to a stronger rand.
SA poultry industry calls for targeted chicken ...
The South African Poultry Association (Sapa) said yesterday it strongly believed that targeted chicken products should be included in an expanded list of items that are zero-rated for value-added tax (VAT).
Empowering South African households through gro...
South Africans are resilient people who are always ready to seek solutions for problems, even if the trials they face are caused by events that are beyond their control. An empowering example of this approach to life is the use of grocery stokvels...