Beef Supplies Sufficient, Sales Low

EghtesadOnline: Beef supply in the domestic market is sufficient but due to people’s low purchasing power, the sales are low, the head of Beef Sellers Union said.

News ID: ۷۸۱۴۸۷

24 January 2018

“The stocks are full and there is no shortage in the market,” Ali Khandanru-Javan was also quoted as saying by ILNA.

Beef is currently sold at 420,000 rials ($9) per kilogram. The official added that beef is not import at present, adding that the southern Sistan-Baluchestan Province is the main supplier of beef in the country, Financial Tribune reported.

In 2017, Iran’s beef production experienced a 5% increase to reach 205,000 tons. Imports amounted to 127,000 tons, as exports stood at 5,000 tons, Tasnim News Agency reported citing the Food and Agriculture Organization of the United Nations.