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Drought deteriorates livestock sector

Drought deteriorates livestock sector

Business Reporter

THE impact of drought on the Namibian livestock sector is becoming more pervasive, with statistics revealing that the increased marketing of livestock is putting pressure on the restocking ability of producers.
According to the Namibian statistic agency’s livestock sector report for quarter three, the livestock sector reflected declines of 8% month on month in July 2019, and a 28.5% year on year.
In absolute terms, the number of livestock marketed recorded in July 2019 was 105 914, compared to 126 002 recorded during the preceding month.
The Index for ‘Cattle Export Abattoirs and Butchers’ stood at 9.1 basis points in July 2019, compared to 14.4 in June 2019 .
This represents declines of 37.1% month on month.
On a year on year basis, the cattle export abattoirs and butchers index is also noted to have decreased to 88% as the basis points stood at a much higher 75.2 basis points in July 2018.

TOUCH TIMES: picture for illustrative purposes only. Photo: Contributed

“The year on year decline was attributed to low stock capacity at feedlots due to high weaned prices that prevailed at auctions during 2019.The number of cattle marketed to abattoirs was 1 096 in July 2019, compared to 1 743 recorded in the previous month,” the NSA explained.
The Index for Small Stock Exported from Abattoirs and Butchers for July 2019 was estimated as 20.4 basis points, compared to 25.0 and 44.0 basis points recorded in June 2019 and July 2018, respectively.
These are declines of 18.3% month on month and of 53.5% year on year.
The decline on Small stock export from Abattoir and butchers was attributed to the declines in the prices of producers during the month under review.

The number of small stock marketed to abattoirs and butchers in July 2019 was 15 402, compared to 18 858 recorded for the preceding month.
The number of live small stock exported to South Africa and Angola also declined to 57 139 in July 2019, compared to 73 512 recorded in June 2019.

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