Note:  Our Trading Hours for Eartag and Stockbrand office: 8:00-16:00

Rest of Meatboard 7:30-16:30.  Lunch hour for all offices: 12:45-14:00

SHEEP INDUSTRY REACHES HISTORICAL LOW

Meat Board statistics show that the total sheep marketing for the period 1 January 2020 to the end of August 2020 (in comparison with the same period in 2019) decreased by 56% in spite of producer prices that increased by 20%. Sheep exports decreased by 52%, despite covering 65% of the sheep market shares. In total, only 270, 000 sheep were marketed during this period, as a result of several factors like drought, policy uncertainties, and predation. The local abattoir market share could only maintain 35%. Interestingly, the price difference between the Namibian and Northern Cape abattoirs still exceeds N$5, 00 per kg despite the free market environment that exists. The total marketing, including the export of goats, decreased by 50% during this period in spite of an average price of N$34.00 per kg.

 

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