1887

n Agrekon - Economics of meat production from Springbuck in the Eastern Cape Karoo

Volume 51, Issue 1
  • ISSN : 0303-1853
  • E-ISSN: 2078-0400
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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 springbuck-based meat production exists.

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/content/agrekon/51/1/EJC126711
2012-01-01
2019-10-15

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