Select Page

Meatco reactivates Contract Feeding Scheme

Meatco reactivates Contract Feeding Scheme

The Meat Corporation of Namibia (Meatco) recently announced the reactivation of the Contract Feeding Scheme with immediate effect, according to a statement issued this week.

The Contract Feeding Scheme introduced through the Backwards Integration Initiative is an agreement which allows Meatco to buy cattle and place them at a producer’s individual farm/feedlot until they are ready for slaughter.

The animal is, thus, raised/fed in accordance to Meatco’s requirements. Overall, the producer remains responsible for the performance, growth and health of the cattle.

Thereafter, Meatco slaughters the animals when they are ready and pays the participant/producer for each kilogram of live growth achieved during the contract feeding period.

Meanwhile, the company advised producers to contact their nearest Meatco Technical Advisors  for more information and assistance as well as with signing agreements.


 


About The Author

Donald Matthys

Donald Matthys has been part of the media fraternity since 2015. He has been working at the Namibia Economist for the past three years mainly covering business, tourism and agriculture. Donald occasionally refers to himself as a theatre maker and has staged two theatre plays so far. Follow him on twitter at @zuleitmatthys