The average weaner calf price rises by 2% to R35.34 per kilogram, while the average A2/3 carcass price increases to R54.96. The C-grade price also rises to R46.36. It seems that A-grade prices could be above R55 by Christmas and possibly rise to R57 as demand is expected to improve. Calf prices may dip in the short term, but it still looks like we could see stronger upward price movements from mid-December, while C-grade could trade around R48 during the festive season.

As mentioned, the lamb price drops to R37.37 per kilogram, with the A2/3 carcass price lower at R83.31, while the C2/3 price rises to R60.71. A-grade prices may sharply trend upwards from now until the end of the year, and the expectation is still at R90 per kilogram by Christmas, while lamb prices may only receive support around mid-February next year.

Wool prices have risen as expected last week, with the RWS price higher at R165.06, and the non-RWS price rising to R147.08 per kilogram. Prices in Australia also increased last week, potentially giving a boost to our local market this week as well.

Poultry prices did encounter resistance this week, as expected, with the frozen price dropping to R37.67, the fresh price decreasing by 4% to R36.66, and the IQF price higher at R34.27 per kilogram. Although there is resistance in the market now, I feel that current price levels can be maintained at least until the end of the year.

Pork prices are still moving sideways over the past week, with baconer prices at R37.27, porker prices currently at R37.84, and the latest sausage pork price trading at R27.33 per kilogram. There is speculation that we may see lower prices now due to reduced demand, but I believe we can also maintain these price levels over the next 4 weeks, after which prices may decline significantly.

Large goat prices rise to R62.54, small goat prices drop again to R49.16, with goat ewe prices at R39.41.