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Economy

Meat prices hit record high on low cattle supply

A kilogramme of beef with bones on average retailed at Sh420 last month up from Sh406 — a historic high. FILE PHOTO | NMG
A kilogramme of beef with bones on average retailed at Sh420 last month up from Sh406 — a historic high. FILE PHOTO | NMG 

Meat prices have a hit a new high on reduced supply tied to drought as households continue to enjoy cheap vegetables.

The Kenya National Bureau of Statistics (KNBS) data show a kilogramme of beef with bones on average retailed at Sh420 last month up from Sh406 — a historic high.

Dealers at Dagoretti, Limuru and Kitengela abattoirs cited scarcity of cattle for the price change amid rise in demand.

Poor rainfall in major cattle-producing areas has led to death of livestock following a drought that left about 2.7 million people in need of food aid.

The dry spell also saw farmers selling their cows at throw-away prices in a rush to mitigate the losses they would incur in the event of mass deaths.

But homes are enjoying a drop in vegetable prices. KNBS data show a kilo of sukuma wiki retailed at Sh41.48 last month down from Sh42.19 in August and Sh62.90 in April.

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