x Abu Dhabi, UAEFriday 19 January 2018

Livestock prices surge in Fujairah in advance of Eid

Locally bred sheep cannot be found at market ahead of Eid Al Adha due to tight supply.

Livestock prices in Fujairah have soared by more than 20 per cent in the run-up to Eid Al Adha because of dwindling supplies from Dubai, Ras Al Khaimah and Oman, the emirate’s main providers.

The Fujairah livestock market is under stress as more customers are booking their lambs and sheep ahead of time.

Locally bred sheep have disappeared from the Fujairah market since the beginning of the month and imports from popular producers such as Iran and Australia have also decreased because of high regional demand, livestock merchants told Al Ittihad, the Arabic-language sister paper of The National.

“Local lambs and sheep are not available at this time, and might start coming in tomorrow or the next day. But, anyway, they are not available today for a bunch of reasons,” said Mohammed Adam, a sheep merchant at the Fujairah livestock market.

The price of much sought-after locally bred sheep weighing 15 kilograms starts at Dh1,000, while the heavier ones can cost up to Dh4,000 during the Eid season.

Indian breeds are much cheaper, at between Dh350 and Dh400.