# Namibia looks to import cattle as drought decimates local herds - Moneyweb

> Namibia's state meat firm Meatco is in talks with Botswana to import cattle because a severe drought has decimated local herds. Dam levels fell below 20%, and the drought threatens beef export deals with China and the EU.

- Date: 2020-01-21 · published 2020-01-21T12:00:00.000Z
- Category: weather · region Southern Africa · magnitude low
- Page: https://feedsoft.ai/events/55035-namibia-looks-to-import-cattle-as-drought-decimates-local-herds-moneyweb
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Regional herd losses reduce Namibian beef export volumes and shift demand toward imported cattle. The effect on global prices is small because the volumes are limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-07-28 | [Fewer cattle expected as cow herds shrink due to drought \| The Western Producer](https://feedsoft.ai/events/40618-fewer-cattle-expected-as-cow-herds-shrink-due-to-drought-the-western-producer.md) | -0.1% | +3.7% |
| LCATTLE | 2022-11-13 | [All Drought, No Cattle: Low herd supply may drive record-high prices next year](https://feedsoft.ai/events/38615-all-drought-no-cattle-low-herd-supply-may-drive-record-high-prices-next-year.md) | +0.8% | +2.2% |
| LCATTLE | 2022-05-26 | [Input Prices, Drought Impacting Cattle Markets](https://feedsoft.ai/events/41540-input-prices-drought-impacting-cattle-markets.md) | -0.2% | +2.7% |
| LCATTLE | 2018-02-12 | [Drought relief expected to help grain and cattle outlook - High Plains Journal](https://feedsoft.ai/events/66423-drought-relief-expected-to-help-grain-and-cattle-outlook-high-plains-journal.md) | +1.5% | -1.0% |
| LCATTLE | 2018-06-07 | [Drought has changed the cattle price outlook - Brownfield Ag News](https://feedsoft.ai/events/64642-drought-has-changed-the-cattle-price-outlook-brownfield-ag-news.md) | +1.7% | -2.6% |
| FCATTLE | 2022-07-28 | [Fewer cattle expected as cow herds shrink due to drought \| The Western Producer](https://feedsoft.ai/events/40618-fewer-cattle-expected-as-cow-herds-shrink-due-to-drought-the-western-producer.md) | +0.1% | +1.2% |
| FCATTLE | 2022-11-13 | [All Drought, No Cattle: Low herd supply may drive record-high prices next year](https://feedsoft.ai/events/38615-all-drought-no-cattle-low-herd-supply-may-drive-record-high-prices-next-year.md) | +2.2% | +3.8% |
| FCATTLE | 2022-05-26 | [Input Prices, Drought Impacting Cattle Markets](https://feedsoft.ai/events/41540-input-prices-drought-impacting-cattle-markets.md) | +11.9% | +11.6% |

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/namibia-looks-to-import-cattle-as-drought-decimates-local-herds/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.