Economics of meat production from springbuck in the Eastern Cape Karoo

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

Agrekon, 2012, vol. 51, issue 1, 1-20

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.

Date: 2012
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DOI: 10.1080/03031853.2012.649533

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