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Livestock Prices  surge ahead of Eid Celebrations in MALI
Livestock Prices  surge ahead of Eid Celebrations in MALI

Business

Livestock Prices  surge ahead of Eid Celebrations in MALI

The 2023 Eid al-Fitr in Mali is not going to look anything like those celebrated in recent years as prices of livestock surge ahead of tomorrow’s Eid. 

BAMAKO| The cost of animals has significantly increased in livestock markets near Mali’s capital, reports the African news.

Consumers and butchers are both being charged more than 500 EUR per cow. Not long ago, the same amount would buy you two animals.

“The rural areas are where livestock prices are highest. Additionally, there are maintenance expenses. 

“It is now impossible to carry livestock while walking. You must immediately secure transportation. 

“This involves paying for loading and unloading and buying cattle feed, which is very expensive.

Mali’s cattle herding regions have been impacted by Islamist violence, forcing farmers to give up their livelihood.

Competition for grazing lands and water has increased due to climate change, creating intercommunal conflicts. Breeders’ costs increased as a result.

“We have been coming here to buy a cow since 2 pm.

We’ve even been looking for calves, and right now they cost between 300 and 530 euros (200,000 to 350,000 CFA francs).

“The amount we have right now is 300,000,” a customer named Sinè Diawara said.

Mali’s Muslim community claims that inflation has made this year’s celebrations less festive.

They want the government to step in and lower prices.

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