AGRICULTURAL NEWS - The Meat Price Index was commissioned by Caterwings, a UK-based catering company that wanted to research expansion into other countries.
The data on meat consumption from the research delivered interesting results and Caterwings created the index, their website states.
Speaking to Farmer’s Weekly, Frederik Betz, chief operating officer at the Germany-based ABCD Agency, which did the research for Caterwings, said the data for all countries was sourced from the Food and Agriculture Organization (FAO).
All prices were from 2018, while the consumption data from the FAO was from 2017.
According to the index, South Africans receiving the minimum wage had to work 5,9 hours to afford one kilogram of beef; 3,3 to afford a kilogram of chicken; 13,5 to afford a kilogram of fish; 5,1 for a kilogram of pork; and 8,4 for a kilogram of lamb.
