Ramadan effect forces animal prices up
02/09/2008
The price of imported and local animals has increased greatly in Saudi Arabia during the Muslim holy month of Ramadan, which, this year, started around September 1. As a result, the prices of fresh meat in Jeddah, Saudi Arabia's second-largest city and the gateway to Mecca, have suddenly gone up by as much as 60%.
A trader told local media that Al-Baladi calf now costs around $10 a kilo, an increase of 33%, with Australian calf also increasing, while remaining cheaper. Syrian sheep have risen in price, reaching around $300.
The trader demanded that the government open the import of calves and sheep to all instead of allowing access to just few traders.