1 CrossRef citations to date 0 Altmetric Original Articles Economics of meat production from springbuck in the Eastern Cape Karoo

T.S. Dlamini, G.C.G. Fraser and B. Grové

Agrekon, vol. 51, issue 01

Abstract: The feasibility of springbuck based meat production in the Eastern Cape Karoo was analysed through a stochastic budgeting model, while openly taking cost and price risk into consideration. Monte Carlo simulation of a springbuck-based meat production enterprise was used to quantify the risks that would be faced by springbuck ranchers. Springbuck ranching has been proven a viable alternative in the production of highly nutritious and healthy meat (venison) that is in high demand in European markets and more recently, with a promising and increasing local demand as well. The results indicate that in the Eastern Cape Karoo, springbuck ranching for meat production is a viable business. As the call for more environmentally friendly rangelands utilisation economic systems intensifies, rangelands owners in the Eastern Cape Karoo have a practicable option. At the very least, an alternative to broaden their incomes with springbuckbased meat production exists.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:agreko:345061

DOI: 10.22004/ag.econ.345061

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