Cattle numbers drop at auctions

Pressure is mounting barely one month after strict livestock import restrictions by South Africa came into effect. The latest statistics indicate a sharp drop in cattle prices and a dramatic decline in livestock numbers at auctions countrywide.
Since the implementation of South Africa’s new livestock import regulations on 1 July cattle exports have virtually come to a halt.
According to the latest figures released by the Livestock Auctioneers, Brokers, and Traders Association (LABTA), only 12 664 cattle were sold on auction in Namibia in July.
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