Small stock sales decline by 50% in January

Tujoromajo Kasuto Small stock sales of goats and sheep in January 2022, declined significantly month-on-month. The sales dipped from 43 465 recorded in December 2021 to 21 572 in January, which is more than a 50 percent drop. The drop is noticeable in both industries with sheep marketing having experienced the greatest drop of 51 percent to 15,102 in January 2022 from 31,093 the previous month. The decline can be associated with the January breeding and restocking season. The low sales have impacted abattoir performance adversely. This is contained in the Agricultural Bank of Namibia (Agribank) monthly market watch for…