Namibian farmers sell off livestock to avoid losses from drought

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Beef cattle on a Namibian farm. Severe drought has ravaged the country's herding sector. (Photo by: Edwin Remsburg/VW Pics via Getty Images)
Farmers in Namibia have been hard hit by an ongoing drought are selling their livestock to avoid possible losses from the effects of the natural calamity, the Meat Board of Namibia says. (Photo by: Edwin Remsburg/VW Pics via Getty Images)

Namibian farmers hard hit by the ongoing drought are selling their livestock to avoid possible losses from the effects of the natural calamity, the Meat Board of Namibia (MBN) said on Tuesday.

The MBN released a statement saying that abattoirs slaughtered 56 percent more cattle and approximately 11 percent more cattle was marketed during the first half of the year compared to the same period of 2018.

According to the MBN, 452,000 sheep were slaughtered during the first half of the year, which is merely 0.6 percent more compared to the same period, but sheep prices fell 15.38 percent for the half year period on a year-to-year basis.

The MBN also added that weaner prices decreased by 28 percent on a year-to-year basis, and the average slaughter prices at abattoirs increased by 9 percent.

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