Baaad news as Eastern Cape farmers eye alternative markets to avoid stock theft

Stock theft and the black market for red meat are causing major fluctuations in the mainstream market prices of mutton and beef, and farmers are looking to international buyers for more stability.

According to the National Stock Theft Prevention Forum, 47,590 sheep and 11,979 head of cattle were reported stolen in the Eastern Cape in the previous financial year, and, while police are concerned about crime syndicates feeding questionable traders, buyers from the Middle East are willing to pay good money for locally produced livestock...

This article is reserved for HeraldLIVE subscribers.

A subscription gives you full digital access to all our content.

Already subscribed? Simply sign in below.

Already registered on DispatchLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.



Questions or problems? Email helpdesk@heraldlive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.