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Namibia Beef Exports Fall

10 August 2012

NAMIBIA - Namibian beef exports dropped significantly in the first half of 2012 compared to the first six months of 2012. Volumes exported were 10,772 tons, less than half the amount exported in the same time frame last year.

Increased costs of production and decreased demand for beef had a major impact on young cattle price.

Production and prices suffered, due to the drop in export markets, but also due to lower domestic demand.

Competition for exports to South Africa was faced by Botswana selling excess beef onto the market at reduced prices.

Beef imports also fell as a result of the foot and mouth outbreak in South Africa as well as a partial ban applied by the Ministry of Agriculture, Water and Fisheries on beef imports.

TheCattleSite News Desk



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