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Exporting piglets to South Africa remains an economically viable option for Namibian piglet producers due to the country’s harsh climatic conditions and high input costs.
Live cattle exports increased by 3.96% from 16,819 head in April to 17,485 head in May.
According to the monthly market monitoring report released by the Namibian Livestock and Livestock Products Board, up to 93.59% of exported cattle (mainly young cattle) are shipped to South Africa. Most of the cattle exported to South Africa are sent to feedlots (93.59%), while the rest are exported to other SADC countries for agricultural (breeding) purposes.
“Live cattle exports increased by 56.8 per cent compared to the same period last year.”
It was stated that the auction price of piglets has dropped from N24.83/kg in April to N23.61/kg in May, a decrease of N1.22/kg.
South of the veterinary cordon fence, auction records show monthly price increases for heifers and white cows of 3.65% and 2.67% respectively.
Meanwhile, the auction price of young pigs dropped by 10.94% from N26.51/kg in May 2023 to N23.61/kg in May 2024.
On a monthly basis, prices at young pig auctions south of the veterinary cordon fence fell by 4.91% in May 2024, the LLPB said.
Course Prices
Meanwhile, the price of young pigs is expected to increase slightly by 2.10% to N24.11 per kg this month.
The report also said that slaughter cattle prices fell by 2.39% in May.
The LLPB further explained that the prices of grade A, AB, B and C beef carcasses in May were N61.67/kg, N61.56, N59.00/kg and N53.76/kg respectively.
Grade B carcass prices were said to be up 3.24% month-on-month and down 5.68% year-on-year.
“Grade A and AB carcass prices increased by 1.05% and 0.05% month-over-month, respectively.” However, Grade C carcass prices decreased by 2.98% from April 2024 to May 2024. The overall carcass prices received by beef producers in May 2024 were quite good compared to the April 2024 prices.
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