The economy will shrink by 6 -10% during 2020 and household income and spending will also shrink significantly, resulting in a reset in the food market and the choices consumers will make on food spending, also towards pork and other protein products. The sharp drop in prices of pork is an example.
Read Prof Johan Willemse’s latest column on the economy.
The South African Pork Producers’ Organisation (SAPPO) coordinates industry interventions and collaboratively manages risks in the value chain to enable the sustainability and profitability of pork producers in South Africa.
