The demand for meat in South Africa is exceeding current livestock slaughtering volumes, despite higher than normal slaughter volumes, with the price of beef breaking through the R50/kg mark for the first time and selling at 15% more than 2019 levels. According to Paul Makube, FNB’s senior agriculture economist in South Africa, a high slaughter rate would normally have pushed down prices for meat, but solid demand for meat has sent meat prices soaring.