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If we did not have a New Year we would have to invent one, as humankind always needs a regular opportunity for a reset and re-start.
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Every year since 2020 has been bad for consumers: with first the COVID lockdown, then the war in Ukraine and now the conflagration in the Middle East. Every disruption means that food prices go up. Poultry-wise it has been Avian Flu and, in South Africa, loadshedding. And brooding over it all: climate change, droughts and floods.
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Last year we started tracking food prices in conjunction with the Pietermaritzburg Economic Justice and Dignity group (PMBEJD), and it became very clear that global events (whether man-made or environmental) cause price increases - robust international trade is unavoidable for food security. The results of our initial research were so interesting that we have made this a year-long project, our Food Basket Barometer. We will be tracking the prices of individual foodstuffs as well as the basic basket, and talking to industry insiders, economists and analysts to unpack the dynamics behind the prices of food.
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Our other theme for 2024 is transformation, a crucial aspect of our economy. Out of the starting blocks is AMIE (the Association of Meat Importers and Exporters) with their AMIE Academy. According to our interview (loaded as our podcast for today) the AMIE Academy is breaking new ground for Enterprise Supplier Development (ESD) initiatives. It is worth a listen.
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Food Basket Barometer - Price Comparisons
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For our lowest-income consumers, protein is the most essential, and invariably the most expensive, part of the food basket.
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Poultry Analysis 16 January 2024
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As people trickle back to work in 2024, the news in the poultry industry is still concerned with the shortages and price increases from last year.
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