Meatco readies for US market
Meatco readies for US market

Meatco readies for US market

Ellanie Smit
While Meatco is readying itself to start exporting deboned beef to the lucrative United States (US) market the company says that its strategy for this market is to target the fast food industry and franchises like McDonald’s.
After Namibia finally obtained approval to export deboned beef to the US, Meatco has until 12 September this year to ensure that all systems are revisited at plant and at national level before exports begin. Namibia is the first country in Africa to obtain approval from the US to export beef to that country.
According to Meatco it was added to the Federal Register on 13 July this year for approval by the Food Safety and Inspection Services of the United States’ Department of Agriculture (FSISUSDA).
This process began almost six years ago, says Meatco.
Under the final approval agreements, Meatco will be exporting boneless raw beef products like primal cuts and beef trimmings as well as chuck and blade.
According to Meatco this also means that it can export both chilled and frozen boneless meat (excluding offal) to that country.
“The strategy for this particular market is to target the fast food industry and franchises like McDonald’s, to provide maximum returns for Meatco and its producers.”
According to Meatco, this is another niche market that has opened up, giving Meatco more options to maximise returns for producers. The additional market gives Meatco the opportunity to streamline its cuts and make sure it positions the right product, in the right market at the right time.
With this new logistical route, Meatco needs to ensure cost effectiveness and time management at all times.
Meatco says that logistics and freight must be as simple as possible, because it will be of no use if a specific market cannot deliver higher prices/returns for products.
In conclusion, the company says it has been maintaining and improving its quality, hygiene standards, systems and procedures throughout, in order to access world-class markets like this one.

ELLLANIE SMIT

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Namibian Sun 2024-04-23

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 326.05/OZ DOWN -0.0033 | Copper US$ 4.42/lb DOWN -0.0107 | Zinc US$ 2 800.40/T DOWN -0.06% | Brent Crude Oil US$ 88.06/BBP UP +1.02% | Platinum US$ 910.39/OZ DOWN -0.0114 Sport results: Premier League: Fulham 1 vs 3 Liverpool | Aston Villa 3 vs 1 Bournemouth | Crystal Palace 5 vs 2 West Ham | Everton 2 vs 0 Nottingham Forest | Wolves 0 vs 2 Arsenal | Luton Town 1 vs 5 Brentford | Sheffield United 1 vs 4 Burnley LaLiga: Sevilla 2 vs 1 Mallorca | Real Madrid 3 vs 2 Barcelona | Deportivo Alaves 2 vs 0 Atletico Madrid | Almería 1 vs 2 Villarreal | Getafe 1 vs 1 Real Sociedad | Girona 4 vs 1 Cadiz | Valencia 1 vs 2 Real Betis | Rayo Vallecano 2 vs 1 Osasuna | Celta Vigo 4 vs 1 Las Palmas SerieA: AC Milan 1 vs 2 Inter Milan | AS Roma 1 vs 3 Bologna | Monza 1 vs 2 Atalanta | Salernitana 0 vs 2 Fiorentina | Torino 0 vs 0 Frosinone | Sassuolo 0 vs 3 Lecce | Hellas Verona 1 vs 0 Udinese | Empoli 1 vs 0 Napoli European Championships Qualifying: Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday | Queens Park Rangers 1 vs 0 Preston North End | Norwich City 1 vs 1 Bristol City | Huddersfield Town 0 vs 4 Swansea City | Stoke City 3 vs 0 Plymouth Argyle | Cardiff City 2 vs 1 Southampton | Rotherham United 0 vs 0 Birmingham City | Sunderland 0 vs 1 Millwall FC | Watford 0 vs 0 Hull City | Leicester City 2 vs 1 West Bromwich Albion FA Cup: Coventry City 3 vs 3 Manchester United | Manchester City 1 vs 0 Chelsea English Championship: Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday | Queens Park Rangers 1 vs 0 Preston North End | Norwich City 1 vs 1 Bristol City | Huddersfield Town 0 vs 4 Swansea City | Stoke City 3 vs 0 Plymouth Argyle | Cardiff City 2 vs 1 Southampton | Rotherham United 0 vs 0 Birmingham City | Sunderland 0 vs 1 Millwall FC | Watford 0 vs 0 Hull City | Leicester City 2 vs 1 West Bromwich Albion Weather: Katima Mulilo: 15° | 36° Rundu: 15° | 35° Eenhana: 17° | 36° Oshakati: 18° | 35° Ruacana: 17° | 35° Tsumeb: 18° | 33° Otjiwarongo: 17° | 32° Omaruru: 16° | 34° Windhoek: 15° | 29° Gobabis: 18° | 31° Henties Bay: 15° | 20° Wind speed: 23km/h, Wind direction: S, Low tide: 09:08, High tide: 03:09, Low Tide: 21:13, High tide: 15:31 Swakopmund: 15° | 17° Wind speed: 31km/h, Wind direction: SW, Low tide: 09:06, High tide: 03:07, Low Tide: 21:11, High tide: 15:29 Walvis Bay: 16° | 25° Wind speed: 34km/h, Wind direction: SW, Low tide: 09:06, High tide: 03:06, Low Tide: 21:11, High tide: 15:28 Rehoboth: 17° | 31° Mariental: 20° | 33° Keetmanshoop: 20° | 33° Aranos: 20° | 33° Lüderitz: 14° | 27° Ariamsvlei: 20° | 32° Oranjemund: 13° | 20° Luanda: 26° | 28° Gaborone: 20° | 32° Lubumbashi: 15° | 27° Mbabane: 16° | 25° Maseru: 12° | 26° Antananarivo: 16° | 27° Lilongwe: 16° | 29° Maputo: 20° | 29° Windhoek: 15° | 29° Cape Town: 16° | 22° Durban: 19° | 25° Johannesburg: 19° | 29° Dar es Salaam: 23° | 28° Lusaka: 17° | 30° Harare: 15° | 30° Economic Indicators: Currency: GBP to NAD 23.74 | EUR to NAD 20.44 | CNY to NAD 2.64 | USD to NAD 19.1 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.34 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.73 | ZWL to NAD 0.04 | BRL to NAD 3.7 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.04 | USD to AOA 832.83 | USD to BWP 13.88 | USD to EGP 48 | USD to KES 133.98 | USD to NGN 1230 | USD to ZAR 19.1 | USD to ZMW 25.85 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 73551.13 Up +0.26% | Namibian Stock Exchange (NSX) Overall Index 1526.82 Down -0.34% | Casablanca Stock Exchange (CSE) MASI 13302.28 Down -1.12% | Egyptian Exchange (EGX) 30 Index 28144.22 Down -1.67% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 326.05/OZ DOWN -0.0033 | Copper US$ 4.42/lb DOWN -0.0107 | Zinc US$ 2 800.40/T DOWN -0.06% | Brent Crude Oil US$ 88.06/BBP UP +1.02% | Platinum US$ 910.39/OZ DOWN -0.0114