Supply shortfall pushes up beef prices in Goa

Panaji: A temporary stop on the sale of bulls in the
cattle market at Kittur village in Karnataka for the last two weeks due to an
agitation of cow vigilantes has pushed up beef prices in Goa by eight per cent
and left traders in the state worried.

The prices of beef in Goa have spiralled from Rs 250-260
per kg (boneless) and Rs 180-Rs 200 per kg (with bones) to Rs 280 per kg
(boneless) and Rs 220 per kg (with bones). These rates have come into effect from
Tuesday onwards.

As expected, supply pressures continue to build in the
beef market. There is a 50 per cent decline in domestic supply of beef
following the reduction in cattle supply in the neighbouring state. The daily
demand of the meat is 20 tonne.

“A deficit supply of beef is the cause behind increased
prices, with a reversal not expected until the Karnataka government provides
protection to the cattle trade. Goan beef traders do not bring live animals
ever since the state-owned slaughterhouse is out of service. Hence, we import
fresh beef from Belagavi but cattle supply has come to a standstill due to
interference of vigilantes at Kittur cattle market,” said president of All Goa
Qureshi Meat Traders Association Manna Bepari.

He said that the Karnataka beef suppliers have already
increased the prices substantially due to the shortage of bulls. “So our
association members met on Monday and decided to increase the beef prices by Rs
20 which have come into effect from Tuesday,” he said.

Source:: The Navhind Times

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