Decline in upward price trend for beef and chicken
Mar 26, 2021
2 minutes
BEEF
International beef prices have continued their upward trajectory since mid-2020, supported by tight supplies.
In South Africa, prices have also shown a rising trend since August 2020 after experiencing a slump during the first phase of the country’s strict COVID-19-related lockdown. Prices have been bolstered by lower slaughter numbers. The reduction in slaughter numbers, in turn, was the result of more aggressive herd rebuilding.
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