LIVESTOCK INSURANCE AND COMPENSATION IN BEEF PROCESSING PLANT.

The business of slaughtering animals and processing in the abattoir is capital intensive and a very complicated venture because of the myriad of problems associated with it.

 The business ideally is a money spinner but there are so many choke points in this venture especially in developing countries.

The system in developed countries have been fine-tuned that its a win-win situation: the butchers are happy and the citizen have access to wholesome beef.

 The issue with the beef processing plant is basically compensation: either in form of insurance or payment when carcass is condemned by meat inspectors/vets and animal health officers.

The livestock insurance policy is a major key to revamping the beef processing industry.

 A butcher buys cattle, transports them to site of sale/ slaughter; some died in-transit, some in the market before sale and others after sale.

The cattle that makes it to the slaughter line upon examination has some diseased organs that need to be condemned,or has generalized TUBERCULOSIS; who bears these losses??? How will the butcher be sincere or follow the proper procedure?? your guess is as good as mine.

 The benefit of insurance in the agric sector is germane to economic growth and food safety. when the butchers are duly compensated for loss of animals and also for carcass in the abattoir from compensation schemes then food safety is ensured.

 The formulation of policies,laws, edits means nothing, when nobody bears the brunt.