In terms of weaner calve prices, the above-mentioned FMD issues and high feed prices have resulted in a downward price trajectory apparent since the start of 2022. Here, it is also expected that an increased amount of animals will start to enter the market during 2023 as a result of ongoing herd rebuilding initiatives. Being cognisant that dry conditions in the Western parts of the country have only improved since 2020, herd rebuilding initiatives in these areas could be ex-
tended into 2024 and 2025 which is likely to constrain price growth for weaner calves over the medium term.
July 2022 beef slaugterings were lower than long-term average 2.8%
Beef Carcass and Weaner Calf Prices
JAN 2019 – JUL 2022
Beef Class A
Beef Class C Weaner Calf
65 60 55 50 45 40 35 30 25
Source: Absa AgriBusiness, 2022
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