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Saturday , November 26 2022

Prices of livestock up by 35%

This post has been read 14158 times!

KUWAIT CITY, Feb 17: The repercussions of the COVID-19 pandemic are still casting a shadow on vital sectors, such as livestock market, which witnessed a 35-percent increase in prices in the last few days due to the lack of animal feed being imported into the country compared to previous periods, and a significant increase in demand from citizens and residents, reports Al-Qabas daily. Earlier this week, the livestock market in Jleeb Al-Shuyoukh recorded an increase in the prices of local sheep of the “Shafali” type.

The price of a head ranged between KD 70 and KD 80 (depending on size). It was sold at about KD 60 a few months ago. The price of the local Naimi sheep reached KD 120, and the price of a Georgian lamb reached KD 60. The sellers in the livestock market highlighted the high demand from customers for medium sized Shafali and Al-Nuaimi types in particular, stressing that the quantities traded in the market affect the prices based on the supply and demand.

Meanwhile, consumers indicated that they flock to the livestock market despite the high prices that are close to the cost of Australian sheep, which ranges between KD 59 and KD 62. They revealed that they are forced to pay the difference and buy Shafali and Nuaimi sheep for their homes or even events, as the prices do not differ much, adding that the size of the sheep sold in the market is bigger than those traded in livestock trading companies and butcheries.

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