BMC slashes producer prices to recoup losses

But the cost cutting measure is likely to boomerang by discouraging cattle farmers from selling to the BMC, leading to a considerably reduced throughput

 In a statement released this week the BMC said that from August 1, they will be reducing cattle prices by an incremental 10 thebe each week, over a period of 20 weeks.In an immediate response to the news of slashed producer prices, the Cattle Producers Association of Botswana describes it as "a self-sabotaging strategy" that will send a negative signal to farmers and disincentivise them.