Price formation and competitiveness of the South African broiler industry in the global context

In light of its recent classification by the Department of Trade and Industry as an industry in distress, this paper undertakes a comprehensive evaluation of the competitiveness of South African broiler production in the global context. A qualitative review of industry structure revealed a great deal of similarity to market leaders globally. Price formation within broiler production contracts in South Africa utilizes the same tournament pricing used successfully in the USA, resulting in high levels of technical efficiency, however economic efficiency is lacking. Univariate time series analysis confirmed that the domestic price of chicken is more elastic to changes in the import parity price than changes in feed costs. Feed remains crucial to economic efficiency and while declining protein meal prices in the future is plausible given recent investment into the industry, marketing strategies that optimize the returns from an entire carcass could aid effective competition with imported products.http://www.tandfonline.com/toc/ragr202018-10-03hj2017Agricultural Economics, Extension and Rural Developmen

Evaluating the effect of proposed tariff protection for the South African broiler industry

Following the application in March 2013 by the South African Poultry Association for increased tariffs to insure the sustainability of South African broiler production, this paper critically evaluates the effect of increased tariffs on broiler producers and chicken meat consumers in South Africa. Arguing beyond the level of tariffs, it highlights some of the deeper underlying drivers of competitiveness in the industry. From a self-sufficiency perspective, the need to support broiler producers is clear, yet the cost to consumers as well as the segment of the population that would have to bear the cost of higher tariffs is questioned. The proposed tariffs, as well as two other possible scenarios are simulated within a partial equilibrium framework in order to determine the effect on the fundamentals of the South African broiler industry. Simulations highlight the difference in outcomes when imports originating from the EU are also included in the general tariff increase. Under the basic scenario that simulates the impact of the current tariff application by SAPA, consumer prices for whole frozen chicken will increase by 2.6% while producers will enjoy an increase in producer prices of approximately 5%. On average, local production will increase by 16 000 tons per annum in the long run. Although 5% is a significant margin on the bottom line for broiler producers and a 2% increase in the average consumer price seems to be digestible, one has to take a step back and ask the question why our chicken producers cannot compete against imported chicken.http://www.tandfonline.com/loi/ragr202016-06-30hb201

Impact of trade controls on price transmission between southern African maize markets

Maize is an important staple crop in southern Africa that has often been prioritised from a policy perspective, particularly in the imposition of export controls under periods of perceived uncertainty. This tendency has been particularly relevant in Zambia, which has also emerged as an important surplus producer in southern Africa in recent years. Its favourable transport differential and non-GM maize has helped Zambia grow its share in Zimbabwean maize imports at the expense of South Africa, but exports into Zimbabwe remains competitive between the two countries and particularly during periods of export control in Zambia, South Africa typically steps in to supply the deficit. This study therefore evaluates the extent of price transmission between Zambia, South Africa and Zimbabwe under two exogenous regimes defined by periods of open trade and trade controls imposed by the Zambian government. It uses secondary data of monthly white maize prices in these three markets to quantify the long and short run price relationships under different regimes. While several authors have noted that trade is not a prerequisite for price transmission between markets, this study finds evidence that the imposition of policies that inhibit trade also influences the rate and nature of price transmission between markets. Periods of open trade were characterised by efficient transmission of prices from Zambia to Zimbabwe, which is in line with typical trade patterns, but during periods of trade controls, no relationship was found between Zambian and Zimbabwean markets, with prices being transmitted from South Africa to Zimbabwe instead.http://www.tandfonline.com/loi/ragr202019-01-14hj2017Agricultural Economics, Extension and Rural Developmen

The Grizzly, November 2, 2006

Escape Velocity Dancers Light Up the Stage in the Black Box Theater • Letter to the Editor • Drive to Support the Troops a Success • Ursinus Homecoming 2006: There\u27s No Place Like Home • Blood Drive a Success on Campus • Batteries Included • A Look at Muslim Women in History: Professor Barbara R. von Schlegell Speaks • UC\u27s Opportunity to Support American Troops • Haunting Tales from Main Street • 2008 Preview: Part I • Opinions: Iraq: Should We Stay or Should We Go? • Football Pounds Hopkins on Homecoming • One Win and In for Women\u27s Soccer • Homecoming Victory for Field Hockeyhttps://digitalcommons.ursinus.edu/grizzlynews/1723/thumbnail.jp

The Grizzly, October 5, 2006

Family Day 2006 Hits Ursinus • Monumental Players in the Black Arts Movement Speak at Ursinus • MSA and Hillel Broke the Fast Together • Free Fitness Class Offered to Ursinus Students • Popping the Pill • Catching Up with Dane Cook • Spotlight on UC Professors: Dr. Bruce Rideout • Abstract Mastery: Exploring the Outdoor Sculpture Collection • Opinions: Forced Suffrage? • Bears Terrorize McDaniel, Ending Nine-Year Streak • Women Split, Men Earn First Conference Pointhttps://digitalcommons.ursinus.edu/grizzlynews/1720/thumbnail.jp

The Grizzly, November 30, 2006

Alcohol Awareness on the Front Burner of the Ursinus Campus • Diversity Forum Held for Staff and Students • 2nd Annual Relay for Life Officially Kicked Off at Ursinus • Town Hall Discusses Incidents on Campus • An Oral Examination • UCDC Performs Superbly in Latest Show • People Seeing People: The Artwork of Seward Johnson • Highlights of the Exposure Week Events and Festivities • Opinions: The Meaning of Liberal Arts; Racism in Our World and Home • Ursinus 2006 Division III Field Hockey National Champions! • Swimming to Successhttps://digitalcommons.ursinus.edu/grizzlynews/1726/thumbnail.jp

The Grizzly, December 7, 2006

Facing Facebook: Ursinus Administrators Show Students the Dangers of Internet Use • New Berman Exhibit to be Longest Running Show • Ursinus Administration Supports WeCAN\u27s Backing of Workers\u27 Rights • Sounds of Gospel Music Bless the Lenfest Stage • Unraveling the Floy Lewis Bakes Center • What is Rushing? • Health in Ten Questions: Influenza • Opinions: What\u27s Happened to our Movies?; Christmas: A Season of Pretension • Men\u27s Basketball Looks for Three-peat, Women Contenders in Centennial Conferencehttps://digitalcommons.ursinus.edu/grizzlynews/1727/thumbnail.jp

The Grizzly, April 21, 2005

A Taste of Asia • Students Raise Over $3,000 for Multiple Sclerosis • U.S.-Israeli Relations: On Cold Terms? • Why Kaleidoscope? • Class Elections: Who Will Get Your Vote? • Talent Show this Friday • Ursinus Students Take a Vow of Silence • New Mugs in Zack\u27s Promote Environmental Awareness • Our Town Makes its Mark as Ritter\u27s Last Play • Spread Your Legs and Turn Your Head and Cough • Opinions: Academic Honor Code: Is it Really Necessary?; Scope the Opening ; Questions that Need to be Considered by the Ursinus Campus • Men\u27s Baseball: Trying to Make a Push for the Playoffs • Conference Woes Continue for Men\u27s Lacrosse • A Struggling Season Shows Some Signs of Improvement for Tennis Teamshttps://digitalcommons.ursinus.edu/grizzlynews/1584/thumbnail.jp