Eid al-Adha: Tamale Traders Worry as Livestock Prices Fall, Accra Sees High Prices
Colaboradores
Eid al-Adha dey come, but the market dey talk different stories for different places for Ghana. For Tamale side, buyers dey happy as livestock prices drop drastically, but traders dey worry sake of dem dey fear losses. For Accra, e be different matter altogether – prices still high, even though Cedi dey appreciate small.
Tamale: Buyer Joy, Trader Pain
For Tamale, some customers wey no fit buy animal last year dey smile dis year because price don come down. Ram wey dey sell for GH¢1,000 to GH¢7,000 now, last year e be GH¢1,500 to GH¢8,500. Bull sef don come down from GH¢10,000 - GH¢30,000 to GH¢7,000 - GH¢20,000. But the traders dey vex! Dem buy the animals for high price before, dey expect profit, but now dem dey force sell am for loss.
Yakubu Fataw, resident for Lamashegu, talk say e dey happy say e fit buy ram dis year. Trader like Osman Zakaria talk say even though dem buy the animals from Burkina Faso for CFA, the dollar rate make dem reduce price.
Accra: Prices Still Dey High
For Accra side, despite say the Cedi dey rise against the dollar small, ram and cattle price still high for market. People no dey buy because money no dey. Traders dey beg government make dem help am with subsidy or remove some transit fee from neighboring countries.
Survey wey Ghanaian Times do show say average ram dey sell for GH¢2,000 to GH¢2,500. The big ones dey go for GH¢5,000 to GH¢8,000. Traders dey blame the high price on transportation and vet fees. Mr. Ahmed Kadri talk say the Cedi dey depreciate against CFA, that one dey affect am too. Alhassan Fuseini dey worry say market slow; e say e sell only 4 cattle since last week.
What Next?
As Eid al-Adha dey approach, e be important say government and stakeholders find ways to help both buyers and traders. Maybe temporary subsidies fit help ease the pressure. For now, the story be different for Tamale and Accra – buyer dey smile for one place, trader dey frown for another.