Cattle prices climb at Pugu Market as supply drop

Cattle prices at Pugu market in the outskirts of Dar es Salaam slightly increased last week after its supply declined.

A weekly market report by the Ministry of Industry and Trade for the week ended Friday last week showed weekly cattle supply at the market recorded 15.1 per cent decline to 575 compared to 677 supplied in the previous week.

The report showed that prices for mature cattle female grade two (G2) increased by 0.4 per cent to 582,500/- from 580,000/- recorded in previous period. But the prices for grade three (G3) female cattle recorded a 2.8 per cent increase to 475,000/- from 462,000/- of the previous period.

Likewise, the prices for mature cattle male grade (G2) rose to 800,000/- in the week under review from 750,000/- recorded in the previous period, representing a 6.7 per cent increase.

However, the prices of the male cattle grade (G3) registered a 4.5 per cent fall to 525,000/- compared to 550,000/- of the previous week.

Meanwhile, the daily average sales of goats at the market increased to 275 during the week under review compared to 251 supplied in the previous period, an equivalent of 9.6 per cent.

The prices for mature female goat grade (2) dropped slightly to 87,500/- from 95,000/- of the previous week, equivalent to 7.8 per cent. The prices for female goats grade (3) declined to 50,000/- from 55,000/-, which is 9.1 per cent rise.

The mature male goats grade (2) saw its prices rising by 11.6 per cent to 115,000/- from 103,000/- while male goats grade (3) recorded a 15.4 per cent, price decline to 55,000/- compared to 65,000/- of the preceding marketing period.

The average sales per market day for sheep recorded 20 per cent increase to 120 during the week compared to 100 in the previous session.

The prices for mature female sheep grade (2) increased by 3.3 per cent to 77,500/- from 75,000/-, while female sheep grade (3) saw its prices falling by 9.1 per cent to 50,000/- compared to 55,000/- of the previous session.

The prices for mature male sheep grade (2) and grade (3) declined by 2.9 per cent and 9.2 per cent to 82,500/- from 85,000/- and 54,500/- from 60,000/-, respectively.
Source: Daily News, reported from Dar es Salaam, Tanzania
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