Slaughter stock, weaner exports decline
Slaughter stock, weaner exports decline

Slaughter stock, weaner exports decline

Ellanie Smit
A total of 73 000 cattle were slaughtered in Namibia so far this year, compared to 78 000 in the corresponding period of 2017.

Weaner exports to South Africa also decreased from 219 000 in 2017 to 210 000 exports in 2018.

This is according to the latest statistics provided by the Meat Board of Namibia, which said both beef and sheep export abattoirs are still not competitive, when compared with livestock exports.

According to the Meat Board, the average beef cattle price for the year is N$39.98/kg compared to the average beef carcass prices of N$35.30/kg for the corresponding period in 2017.

“Cattle auction prices are still solid at an average of N$31.71/kg versus an average of N$25.19/kg for the corresponding period 2017.”

Furthermore, 148 000 sheep were slaughtered at export abattoirs this year, compared to the 195 000 sheep slaughtered during the corresponding period of 2017.

However, in total 198 000 sheep were slaughtered in Namibia in comparison to the 239 000 sheep slaughtered during the same period last year. The Meat Board says that 302 000 sheep, mostly “too small and too lean”, were exported to South Africa due to the drought in the south of Namibia.

Sheep prices have increased marginally from an average of N$42.38/kg to date, from an average of N$40.07/kg in 2017. Goat prices, on the other hand, have declined to N$859 per head, compared to N$938 in 2017.

The Meat Board said world meat prices will not increase significantly.

This was due to limited global economic growth, which resulted in reduced meat consumption, in contrast to increased meat production (15%), following herd rebuilding phases after droughts in major meat-producing countries.

“In South Africa, beef and veal consumption will increase by 24% and mutton consumption, being the most expensive meat option, will rise by 11% over the next ten years.”

The Meat Board said it is expected that South Africa will remain a net meat exporting country.

“In the short-term, beef production decreased by 8% on a year-to-year basis, with an expected growth of 3% in 2018 and 8% for 2019.” Beef prices in South Africa are moving closer to world beef prices, coupled with an estimated 4.5% increase in supply in the next three years. In the case of mutton, sheep meat production is not expected to increase significantly (1.4%). South Africa remains a net importer of mutton, with about 5% of local consumption imported. Lamb prices will rise by an average of 4.7%.

ELLANIE SMIT

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Namibian Sun 2024-04-18

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Premier League: Chelsea 6 vs 0 Everton LaLiga: Osasuna 0 vs 1 Valencia SerieA: Atalanta 2 vs 2 Hellas Verona | Fiorentina 1 vs 1 Genoa European Championships Qualifying: Southampton 3 vs 0 Preston North End English Championship: Southampton 3 vs 0 Preston North End Katima Mulilo: 18° | 34° Rundu: 18° | 33° Eenhana: 20° | 36° Oshakati: 22° | 35° Ruacana: 21° | 35° Tsumeb: 20° | 33° Otjiwarongo: 18° | 32° Omaruru: 20° | 34° Windhoek: 17° | 31° Gobabis: 18° | 31° Henties Bay: 16° | 24° Wind speed: 22km/h, Wind direction: S, Low tide: 06:51, High tide: 13:03, Low Tide: 18:49, High tide: 01:16 Swakopmund: 16° | 19° Wind speed: 23km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:01, Low Tide: 18:47, High tide: 01:14 Walvis Bay: 17° | 26° Wind speed: 28km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:00, Low Tide: 18:47, High tide: 01:13 Rehoboth: 18° | 32° Mariental: 21° | 34° Keetmanshoop: 21° | 35° Aranos: 20° | 33° Lüderitz: 15° | 28° Ariamsvlei: 21° | 35° Oranjemund: 15° | 24° Luanda: 26° | 29° Gaborone: 18° | 30° Lubumbashi: 16° | 25° Mbabane: 15° | 26° Maseru: 11° | 24° Antananarivo: 10° | 24° Lilongwe: 17° | 24° Maputo: 19° | 30° Windhoek: 17° | 31° Cape Town: 16° | 24° Durban: 19° | 26° Johannesburg: 15° | 26° Dar es Salaam: 23° | 29° Lusaka: 18° | 28° Harare: 15° | 28° Currency: GBP to NAD 23.75 | EUR to NAD 20.36 | CNY to NAD 2.64 | USD to NAD 19.14 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.02 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.62 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.2 | USD to AOA 832.83 | USD to BWP 13.77 | USD to EGP 48.28 | USD to KES 132.73 | USD to NGN 1147.53 | USD to ZAR 19.14 | USD to ZMW 25.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 73271.44 Up +0.38% | Namibian Stock Exchange (NSX) Overall Index 1531.99 Up +0.70% | Casablanca Stock Exchange (CSE) MASI 13455.65 Up +0.53% | Egyptian Exchange (EGX) 30 Index 28332.65 Down -4.5% | 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 - 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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$ 2 379.05/OZ UP +0.47% | Copper US$ 4.41/lb UP +2.18% | Zinc US$ 2 831.90/T UP 0.11% | Brent Crude Oil US$ 87.23/BBP DOWN -0.0054 | Platinum US$ 936.69/OZ DOWN -0.0035