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SME food operators reclaim margins as national pork prices drop
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The price of pigs is plummeting: Coop “cannot lower the prices any further” There is far too much meat available on the European pig market, and this has caused pig producers' prices to plummet in the
SME food operators reclaim margins as national pork prices drop
A dramatic drop in national pork prices is providing vital profit margin relief to independent butcheries, shisa nyama operators, and township caterers across South Africa. After months of steep meat inflation that severely eroded small business margins, wholesale pork prices have fallen from 40 rand per kilogram to approximately 30 rand per kilogram. This sudden price drop stems from an unexpected market oversupply created when imported shipmen…
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