NEWS ANALYSIS: Beef industry faces uncertain future

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Lockdown restrictions, restaurant closures, depressed consumer demand, and the foot and mouth issue weigh on the sector

Lockdown restrictions, restaurant closures, depressed consumer demand and foot-and-mouth issue weigh on the sectorWhile most of SA’s agriculture subsectors look likely to emerge relatively unscathed from the Covid-19 crisis, largely because they were permitted to operate throughout the hard lockdown, the same cannot be said about the beef industry.

This is due to price swings, foot-and-mouth disease, the limited operations and closure of some restaurants, and depressed consumer demand, among other factors.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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