Meatco cuts producer prices, no relief at supermarket

Meatco has announced a 20% cut in cattle producer prices, effective Sunday, 1 November, as ongoing foot-and-mouth disease restrictions continue to hit the country’s livestock sector. Meatco says the price reduction comes as movement controls disrupt lucrative international beef exports, forcing the corporation to rely on lower-paying domestic markets. The company stressed that the cuts are aimed at preserving the livestock value chain and protecting jobs until normal export access is restored. Meanwhile, industry experts warn that while producer prices are dropping, local consumers should not expect cheaper beef at supermarket counters, as processors face rising operational and veterinary compliance costs.

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