![Outlook for the red meat industry](https://cdn.magzter.com/1373618752/1697614352/articles/aimNZwWIP1697633138785/OUTLOOK-FOR-THE-RED-MEAT-INDUSTRY.jpg)
Grade A carcass beef prices decreased by 25% since the beginning of 2023 and weaner calf prices by 13%.
The main reason for the decrease in prices in spite of the primary sectors still being in a herd-building phase and the negative impact of foot-and-mouth disease on some feedlots, is the weaker consumer demand caused by higher inflation, the highest interest rate in years and the impact of load-shedding on the value-chain and on consumers.
Households’ final consumption expenditure decreased annually by 1% in the second quarter of 2023 after weak growth of 1,4% in the first quarter. The participants in the Economist of the Year competition on average expect 0,9% growth in consumer expenditure in 2023.
Consumer debt and debt service cost both increased. Consumer debt decreased from 85% of consumers’ disposable income in 2008 to 62% in the second quarter of 2023. Debt service cost decreased from 10% of disposable income in 2009 to 7,3% in 2022. It increased to 8,8% in the second quarter of 2023. Unemployment is at a nonsustainable level of 32,9% if measured with the official definition that excludes discouraged, workless people.
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![New Spier wine collection highlights the strength of diversity](https://reseuro.magzter.com/100x125/articles/3894/1783980/_1NkGq7sx1722592356874/NEW-SPIER-WINE-COLLECTION-HIGHLIGHTS-THE-STRENGTH-OF-DIVERSITY.jpg)
New Spier wine collection highlights the strength of diversity
The recent launch of the Spier Wine Farm Farmer Angus collection also featured insightful talks on the benefits of regenerative farming and community resilience, writes Glenneis Kriel.
![Agriculture's massive rail burden](https://reseuro.magzter.com/100x125/articles/3894/1783980/70WJzZlWV1722592170239/AGRICULTURES-MASSIVE-RAIL-BURDEN.jpg)
Agriculture's massive rail burden
New ways of reducing tariffs on farm livestock and products were under consideration.
![French elegance and Hollywood glamour in the heart of Cape Town](https://reseuro.magzter.com/100x125/articles/3894/1783980/J_4g9Qmpl1722591831004/FRENCH-ELEGANCE-AND-HOLLYWOOD-GLAMOUR-IN-THE-HEART-OF-CAPE-TOWN.jpg)
French elegance and Hollywood glamour in the heart of Cape Town
Brian Berkman stayed at The Marly Boutique Hotel and Spa, where you can forget about seasonal ups and downs, because the Camps Bay strip cooks all year round.
![Losing a horse: reflecting on a personal experience](https://reseuro.magzter.com/100x125/articles/3894/1783980/hIobbn0s11722591720007/LOSING-A-HORSE-REFLECTING-ON-A-PERSONAL-EXPERIENCE.jpg)
Losing a horse: reflecting on a personal experience
There is a special bond between a rider and their horse, and when that bond is broken, it is difficult to cope with the loss, writes Dr Mac.
![SUV shoot-out: the verdict](https://reseuro.magzter.com/100x125/articles/3894/1783980/SpWhwNn9-1722591631114/SUV-SHOOTOUT-THE-VERDICT.jpg)
SUV shoot-out: the verdict
Six of the most rugged and capable ladder-frame SUVs set out on a thrilling expedition across the Cape and through the challenging terrain of the Karoo. Car Magazine provides its assessment of each vehicle.
![Underground problems.in a field of beans](https://reseuro.magzter.com/100x125/articles/3894/1783980/HyYKhJrBa1722591490078/UNDERGROUND-PROBLEMSIN-A-FIELD-OF-BEANS.jpg)
Underground problems.in a field of beans
Bill Kerr says the benefits of growing crops in healthy, organic soil was never adequately taught to him during his agricultural education.
![Fire-smart farming: how to tame the flames and be prepared](https://reseuro.magzter.com/100x125/articles/3894/1783980/JA5F2Msns1722591317680/FIRESMART-FARMING-HOW-TO-TAME-THE-FLAMES-AND-BE-PREPARED.jpg)
Fire-smart farming: how to tame the flames and be prepared
As we head for what is predicted to be another hot and dry summer, farmers must remain vigilant about the risk of fires, writes Brendon Adams, after-sales product and technical support at Husqvarna South Africa.
![Free-roaming cheetahs: researchers and conservationists join forces with farmers](https://reseuro.magzter.com/100x125/articles/3894/1783980/Zo01VfZG81722590850261/FREEROAMING-CHEETAHS-RESEARCHERS-AND-CONSERVATIONISTS-JOIN-FORCES-WITH-FARMERS.jpg)
Free-roaming cheetahs: researchers and conservationists join forces with farmers
Cyril Stannard, project manager and field officer at the Cheetah Outreach Trust, spoke to Roelof Bezuidenhout about the progress of the Free-roaming Cheetah Census, which covers the entire area where this iconic cat occurs in South Africa and neighbouring countries.
![Kenya's Boran breeders' society joins SA Stud Book](https://reseuro.magzter.com/100x125/articles/3894/1783980/M0eV0_-vL1722590690695/KENYAS-BORAN-BREEDERS-SOCIETY-JOINS-SA-STUD-BOOK.jpg)
Kenya's Boran breeders' society joins SA Stud Book
The Boran Cattle Breeders' Society of South Africa has welcomed Kenya's Boran Cattle Breeders' Society (BCBS) to join SA Stud Book, the South African animal registering organisation.
![UK farmers don't fear lab-grown meat](https://reseuro.magzter.com/100x125/articles/3894/1783980/rRpgid9p61722590605111/UK-FARMERS-DONT-FEAR-LABGROWN-MEAT.jpg)
UK farmers don't fear lab-grown meat
A new report from the Royal Agricultural University (RAU) in Gloucestershire, England, suggests that lab-raised meat may not be as threatening to traditional farming as previously thought.