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In our second September Newsletter, ChickenFacts presents an insightful and timely analysis of the economic impact of protectionism, both within South Africa and on a global scale.
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Our Explainer Article takes a look at the South African Poultry Value Chain and why all of its components are critical to ensure a steady supply of poultry products to meet both local and international demand.
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We also remind you that AMIE Academy is now taking final applications for its second cohort of aspiring meat and poultry traders.
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We recap on September's Poultry Analysis, which looks at the recent lifting of import trade restrictions for Denmark, as well as the latest status of market access for import trade in South Africa.
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Lastly, we give you the latest Food Basket Barometer poultry inflation stats released in August 2024.
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ChickenFacts remains dedicated to providing fact-checked, educational news and statistics in the global and local poultry industry.
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ChickenFacts News - The Economic Impact of Protectionism
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The use of mechanisms such as import duties and other trade-restrictive policies in order to protect domestic industries is known as protectionism. While some of these mechanisms are critical to ensure food safety and sustainable local growth when it is applied in the absence of bilateral trade mechanisms only to protect domestic industries, it presents protectionist trade scenario that can lead to a significant shift away from free trade.
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Poultry Industry Value Chain
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A snapshot of South Africa's Poultry Value Chain.
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AMIE Academy is Taking Final Applications
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The AMIE Academy is an industry-first training programme aimed specifically at training and equipping previously disadvantaged individuals interested in meat and poultry trading.
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A reminder that 2024/25 applications close on 30 September 2024.
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Lifting of Trade Restrictions
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A welcome notice on the lifting of trade restrictions on poultry and poultry products imported from Denmark was recently issued on August 1st, 2024.
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Countries Currently Open for Trade: Spain, Ireland, Argentina, Denmark, Netherlands, Open US States, Brazil (excluding the province of Rio Grande do Sul).
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In July 2024, Poultry meat prices rose 1.7% because of robust import demand, especially from the Near East and North Africa. In the local market, poultry prices, particularly Individually Quick Frozen (IQF) pieces, continued its downward trend. After the spike in late 2023 caused by the Highly Pathogenic Avian Influenza (HPAI) outbreak, prices have been declining consistently…
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