The decline in the disposable income of South African consumers is evident in the changing purchasing patterns of red meat in the retail sector, as well as the supply and demand volatility in the primary red meat production industry.
This was according to Koos van der Ryst, chairperson of the Red Meat Producers’ Organisation.
“For example, the increase in lamb and mutton supplies because of the drought in Namibia, the Northern Cape and North West has, against all odds, not resulted in a considerable increase in demand.
“This is because the South African consumer is in a tight spot financially,” he said.
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August 2, 2019