Ram prices in Kano State have reportedly surged to as high as N700,000, with livestock traders lamenting poor patronage despite the increased demand typically associated with festive and seasonal buying periods.
According to sellers in major livestock markets across the state, the sharp rise in prices is driven by increased transportation costs, higher feeding expenses, and general inflation affecting animal rearing and distribution across the country.
Traders say that despite the availability of rams in the markets, many buyers are unable to meet current price levels, leading to slower sales and reduced business activity compared to previous years.
Market operators also noted that insecurity in some livestock-producing regions, alongside rising cost of logistics, has contributed to supply constraints and higher pricing across northern markets.
Consumers, on the other hand, have expressed concern over affordability, with many calling for stabilization of prices to reflect current economic realities.
Economists note that livestock price fluctuations are often influenced by seasonal demand, supply chain pressures, and broader inflationary trends within the agricultural sector.
Stakeholders are urging government intervention to support livestock farmers, improve supply chains, and address cost drivers affecting the market in order to stabilize prices and improve affordability for consumers.
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