
According to Meatco, the Norwegian is a significant business relationship that Meatco will continue to nurture.
Meatco said that despite the closure of the feedlot the company managed to fill the quota, which is good news for them, producers and the Namibian industry as a whole.
The closure of the feedlot has had a major negative impact since the benefits derived from the quota will be absorbed by the losses incurred and will not necessarily benefit Meatco.
“However, by fulfilling the quota Meatco continues serving niche markets and placing the Nature''s Reserve product range onto shelves that will bring maximum yields for our valued producers,” the company said.
“By fulfilling the quota we have proven to the Norwegian authorities that we have the capacity and capability to fully utilise the allocated and additional quota in future,” said Cyprianus Khaiseb, executive for sales and marketing.
Meatco was awarded the remaining 400 tons of the Norway quota by the Meat Board of Namibia on 18 August of this year.
Through government, the Meat Board had requested Meatco to fill the Norway quota by 31 December so that Namibia can negotiate for a quota increase in future.
STAFF REPORTER