{"id":8679,"date":"2022-06-15T11:16:46","date_gmt":"2022-06-15T11:16:46","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle"},"modified":"2022-06-15T15:03:24","modified_gmt":"2022-06-15T15:03:24","slug":"bmcs-eu-prices-drive-in-more-cattle","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle","title":{"rendered":"BMC\u2019s EU prices drive in more cattle"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>Botswana Meat Commission (BMC) decision to retain the current European Union (EU) incentive scheme prices beyond the month of May is expected to drive in more cattle to the abattoir.<\/b><br \/>\nBMC says after introducing the incentive scheme for EU bound cattle they noted a huge turn-out.<\/p>\n<p>BMC Public relations officer Brian Dioka said even though the scheme was meant to last for a period of 5 months to motivate farmers to sell their cattle to the abattoir during a period of low supply, it was then decided to continue with the prices.<\/p>\n<p>\u201cThe scheme gave us an opportunity to reduce or erode the export parity because then it meant the BMC prices were regionally competitive and regionally aligned,\u201d<\/p>\n<p>\u201cWe want to make it clear to farmers that even selling locally you are making enough money so there is no need to export because you will be getting good enough money and secondly because farmers were holding onto their cattle because of the grazing season we were giving them enough reason to sell,\u201d he said.<\/p>\n<p>Dioka said if they had gone back to their previous prices they would then look uncompetitive or unattractive.<\/p>\n<p>He stated that as a result of the incentive, the Parastatal received in excess of 200% compared to the previous years.<\/p>\n<p>\u201cWhen you compare the supply between January and May of 2021 and of 2022 we have growth of about 200% meaning that farmers reacted,\u201d added Dioka.<\/p>\n<p>He added that in numerical terms during this period last year between January and May they received about 4 500 cattle but this time around they received 14 600 cattle.<\/p>\n<p>\u201cBy making BMC competitive to regional prices and paying within 14 days it is the type of incentive that the farmers want so that they can bring their cattle to the abattoir,\u201d stated Dioka.<\/p>\n<p>He also said similarly the supply during this time has also improved revenue by 91% adding that it demonstrates that farmers want prices to be regionally competitive and be paid within the shortest period of time.<\/p>\n<p>\u201cWhen you look at the current excitement within the sector, farmers are starting to buy high quality breed because they are starting to see that there is value and sustainability in cattle farming.\u201d<\/p>\n<p>\u201cSo this high number of cattle uptake that we had between January and May is a number that we need to secure because ever since 2019 we have been struggling to get these numbers,\u201d said Dioka.<\/p>\n<p>He further said ever since they introduced that the prices are going to be formalized going forward, they have started to see a lot of interest from farmers seeking to sell their cattle.<\/p>\n<p>Dioka highlighted that even though these are early days, they are hopeful that the Meriting strategy which has been adopted to run from 2022 to 2025 will bear fruits earlier than they had planned.<\/p>\n<p>\u201cThis Meriting strategy give reasons for government to expedite the privatization of BMC because I do not think government wants to hold on to it because with Meriting strategy the Parastatal will attract private investment,\u201d said Dioka.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/botswana\">Botswana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. Botswana Meat Commission (BMC) decision to retain the current European Union (EU) incentive scheme prices beyond the month of May is expected to drive in more cattle to the abattoir. BMC says after introducing the incentive scheme for EU bound cattle they noted a huge turn-out. BMC Public relations officer Brian Dioka [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":8678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,237,234],"class_list":["post-8679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BMC\u2019s EU prices drive in more cattle - Botswana<\/title>\n<meta name=\"description\" content=\"Botswana Meat Commission (BMC) decision to retain the current European Union (EU) incentive scheme prices beyond the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BMC\u2019s EU prices drive in more cattle\" \/>\n<meta property=\"og:description\" content=\"Botswana Meat Commission (BMC) decision to retain the current European Union (EU) incentive scheme prices beyond the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-15T11:16:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-15T15:03:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/06\/postQueueImg_23-62a9f4a65d8cf.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"463\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"BMC\u2019s EU prices drive in more cattle\",\"datePublished\":\"2022-06-15T11:16:46+00:00\",\"dateModified\":\"2022-06-15T15:03:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle\"},\"wordCount\":518,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/06\/postQueueImg_23-62a9f4a65d8cf.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/bmcs-eu-prices-drive-in-more-cattle\",\"name\":\"BMC\u2019s EU prices drive in more cattle - 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