Johannesburg - Braai-loving South Africans face higher prices for lamb chops and steaks for at least two years as worst drought since 1992 dries up the county’s grasslands.
While farmers are currently selling and slaughtering more livestock than usual to protect grazing and generate cash for feed, a supply shortage is expected from April, which will raise meat prices then, Pieter Spies, the managing director of agribusiness GWK., said in an interview in Douglas in the Northern Cape province.
“There’s proper supply at the moment but come the second quarter of next year, there is going to be a shortage of livestock,” Spies said. “The cycle will take two years to bed down after good rains - it could even take longer - it all depends on how depleted the flocks will be.”
The rest at sauce: Business Report | http://www.iol.co.za/business/news/bad-news-for-braai-lovers-1.1954495#.VmA2bL_YGFs
While farmers are currently selling and slaughtering more livestock than usual to protect grazing and generate cash for feed, a supply shortage is expected from April, which will raise meat prices then, Pieter Spies, the managing director of agribusiness GWK., said in an interview in Douglas in the Northern Cape province.
“There’s proper supply at the moment but come the second quarter of next year, there is going to be a shortage of livestock,” Spies said. “The cycle will take two years to bed down after good rains - it could even take longer - it all depends on how depleted the flocks will be.”
The rest at sauce: Business Report | http://www.iol.co.za/business/news/bad-news-for-braai-lovers-1.1954495#.VmA2bL_YGFs