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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.
farmersweekly.co.zaAnnelie Coleman16 Sep 2019Setelah 121 peristiwa perdagangan bearish sebelumnya, Sapi Hidup bergerak median -0,6% selama 5 sesi (40% lebih tinggi; separuh tengah -1,6% sampai +0,8%), dan -0,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
