TOTAL CATTLE SALES DECLINE IN RELATION TO 2017
16 Nov 2018
According to the latest Meat Board statistics, beef export abattoirs are still not as competitive as with livestock exports. In total, 73,000 cattle in Namibia were slaughtered compared to 78,000 in the corresponding period of 2017.
However, weaner exports to South Africa decreased from 219,000 in 2017 to 210,000 exports in 2018. 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 in 2017. B-grade beef prices should currently be at an average N$50.83/kg to compete with weaner calf prices.