First live crocodile auction held in SA
SOUTH Africa’s first live crocodile auction was held last week as traders sought to establish the value of the reptiles in an industry where most transactions have been private.
The idea “was to gauge the prices for live animals in the local market as opposed to skin prices in the international market”, said Neil Pentolfe, the owner of Southern African Crocodile Traders, in an interview broadcast by the SABC.
The auction took place at Wartburg in south-eastern KwaZulu-Natal. Hatchlings, yearlings and sub-adults were sold, according to the SABC.
Of the 8 500 reptiles on offer, 6 700 were sold, Business Report’s sister paper the Daily News reported separately, citing Brandon Pentolfe, the son of Neil Pentolfe.
Crocodile skins are used in the manufacture of shoes, belts and other clothing items, while the reptiles are also bred for their meat. – Bloomberg
Hatchlings, yearlings and sub-adult crocodiles were auctioned. Of the 8 500 on offer, 6 700 were sold.