19 February 2013

Tanzania: Cattle Supply Dwindles At Pugu Market

THE weekly cattle supply at Pugu market dropped to 605 from 621 of the previous session, a decline of 2.6 per cent.

According to the Ministry of Industry and Trade weekly report, for the period ending February 15 this year, prices for the mature cattle grade (G2) increased to 612,000/- from 600,000/- recorded in previous period, a two per cent change. Likewise, the prices for the grade (G3) female cattle increased to 456,000/- from 450,000/- of the period before, equivalent to 1.3 per cent change.

However, the prices for the mature cattle grade (G2) fell to 784,000/- in the week from 800,000/- of the previous period, representing a two per cent change. The value of the male cattle grade (G3) recorded a 1.9 per cent increase to 560,500/- from 550,000/- of the previous week.

Meanwhile, the daily average sales of goats at the market rose to 256 during the week under review compared to only 200 supplied in the previous period, an equivalent of 28 per cent change. Likewise, the average sales per market day for sheep increased to 174 during the week compared to 152 in the previous session, which is 14.5 per cent change.

Consequently, the increase in supply contributed to slight price cut for the mature goat grade (G2) to 80,500/- from the previous 85,000/-, a 5.3 per cent change. The prices for the mature sheep (G3) dipped to 65,000/- from 70,000/-, which is 7.1 per cent change.

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