The price of red meat set to rise due to drought

The National Red Meat Producers' Organisation warns of an increase in the prices of pork, poultry and red meat as a result of drought.

To date, farmers have lost an estimated 5% of the national beef herd to the drought. The industry is also expected to experience job losses.

Pieter Prinsloo of the National Red Meat Producers’ Organisation spoke to John Maytham about the price hikes.

Listen to the full conversation on the John Maytham Show:

What we are predicting safely is to say this food inflation shot up from December by 4% and by end of January it was about 7%

Pieter Prinsloo of the National Red Meat Producers’ Organisation

There is another reason why the meat price is also shooting up; it’s not only the drought. We are expecting an increase between 12 and 14 percent, in other words double the food inflation

Pieter Prinsloo of the National Red Meat Producers’ Organisation

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by NEWSROOM AI

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