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Namibia's national cattle herd has shrunk, with 147,146 head marketed January to August 2021, down 15.87% from a year earlier. The average slaughter-ready cattle price rose to N$51/kg in August.
Export abattoirs' share of marketed cattle rose to 26%.
A shrinking regional herd tightens beef supply and supports producer prices in southern Africa, with little direct effect on global feed commodity prices.
thebrief.com.naeditor See Full BioOct 19, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
