Botswana has opened its borders to live cattle exports with immediate effect until 31 March 2020, with 30% of its national herd earmarked for export. The South African Red Meat Producers' Organisation has criticised the move and warned of lower local prices.
Botswana is also increasing exports of stored beef to South Africa.
A flood of Botswana cattle and beef into South Africa adds supply to a market already under drought pressure, which tends to push local cattle prices lower.
Tras 121 eventos bajista de comercio pasados, Ganado en pie se movió una mediana de -0,6 % en 5 sesiones (40% al alza; mitad central entre -1,6 % y +0,8 %), y -0,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.