Beef price almost doubles
High demand for beef, particularly during the Islamic Qurban festival which ended yesterday, caused beef prices to almost double compared with the same period last year, according to Islamic leaders and officials. Him Khortieth, IKatan Mahabbah Muslimin’s (IMAN) representative in Cambodia, said the association planned to share out over 100 cows for free which were originally sold at a double price to Cham communities in at least two provinces, Kampong Cham and Kampong Chhnang, during the Qurban festival. … He also said that for cows aged more than two years, the price was more than US$200 each last year but climbed to about $400 at this time. He noted that the price increase resulted from the large-scale exports to Vietnam and said they had fed the cows less sufficiently then before. …
http://www.phnompenhpost.com/index.php/2012103059462/Business/beef-price-almost-doubles.html
