Consumer resistance puts pressure on red meat prices
Sep 17, 2021
2 minutes
BEEF
Our previous coverage of the South African livestock industry made mention of consumer resistance to high red meat prices. This opposition resulted in the prices of Class A beef decreasing 1,2% and Class C beef increasing 1,2% in August (see Graph 1).
Increased demand for lower-priced meat products is likely to have been behind the increase in prices in this category. The demand pressure
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