- Title
- The development of a framework to assess the key factors that may impact the future price of weaners (cattle) in South Africa
- Creator
- Deyzel, George Ernest
- Subject
- Cattle -- Prices
- Date Issued
- 2023-04
- Date
- 2023-04
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/61108
- Identifier
- vital:69761
- Description
- The global livestock production systems are changing due to a variety of factors, which have an impact on the price of red meat. The supply of weaners (cattle) is affected by a number of factors including the type of production system, feed costs, diseases and weather conditions. The demand for weaners (cattle) is affected by factors including, amongst various others, consumers’ perception of quality, value for money, health benefits, economic profile, expandable income, urbanisation and socio-economic factors. These factors are complex and interrelated in terms of their potential impact on weaner prices and have a significant influence on production and investment decisions in the industry. This study used quantitative research to investigate the relationship between the factors influencing the price of weaners (cattle). For the purpose of data collection, a closed ended questionnaire was distributed to the respondents. This study was done using non-probability sampling. The sampling method used in this study is referred to as snowball sampling, which is a process using networks. The data was analysed to conclude which factors are impacting the price of weaners (cattle) the most. The results show that the supply factors of weaners are experiencing increasing pressure with changing weather conditions, input costs and animal diseases. The demand factors such as quality, currency and population are increasing the complexity, which implies the market is changing from a producer orientated market to a consumer orientated market. The study provides a framework to predict future prices of weaners, which is expected to influence both production and investment decisions which contribute toward the sustainability of the industry. The study recommends that the South African weaner (cattle) industry has experienced a significant increase in demand, both locally and globally. Meeting this growing demand has its own complexity that limits weaner farmers’ supply of weaners. The market is changing from a producer orientated to a consumer orientated perspective, which will force the supply chain to keep up with the changing consumer factors.
- Description
- Thesis (MA) -- Faculty of business and economic sciences, 2023
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (xii, 99 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of business and economic sciences
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | DEYZEL, G.pdf | 2 MB | Adobe Acrobat PDF | View Details Download |