Economics of Meat Production from the Springbuck in the Eastern Cape Karoo

The feasibility of springbuck based meat production in the EC Karoo was analysed through a stochastic budgeting model, while overtly 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 on high demand in European markets and more recently with a promising and growing 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 friendlier rangelands utilisation economic systems intensifies, rangelands owners in the EC Karoo have a practicable option. At the very least, an alternative to broaden their incomes with springbuck based meat production exists.


Issue Date:
2010-09
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/96181
Page range:
17
Total Pages:
18




 Record created 2017-04-01, last modified 2017-08-25

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)