NFC starts selling goats in the valley from Sunday

Nepal Food Corporation (NFC) is selling goats in the Kathmandu valley for this festive season from Sunday. The state-owned entity sells limited number of goats in the valley ahead of Dashain-Tihar festival in a bid to control possible monopoly in price from the private sector.

This year NFC aims to sell 3,400 goats in the valley through its Thapathali-based office. 

“We will begin to sell goats from Sunday through NFC´s office at Thapathali,” Nabaraj Upadhyay, spokesperson of the corporation told Republica, adding “Goats will be go for sale from noon, Sunday.” 

NFC, however, is yet to fix the price of goats this year. Though officials claim that the price will go up a bit this year, NFC has not finalized the actual rate until Saturday. “NFC board meeting scheduled for Sunday morning will finalize this year´s rate of goats,” Upadhya said and added that the rate will be finalized based on the production and transportation cost among other parameters.

NFC had sold 2,800 goats last Dashain. While live goats weighing from 25-30 kg were sold at Rs 390 per kg, those weighing from 20-25 kg were sold at Rs 385 per kg. Likewise, those weighing less than 20 kg were sold at Rs 370 per kg.

NFC every year before Dashain, collects an average of 3,000 goats from domestic sources and sells them in the valley. “The basic purpose of selling goats every year is to control arbitrary price hike and maintain price uniformity,” said Upadhyay.

According to the data of Department of Livestock Services (DoLS), almost 60,000 goats and sheep are traded in the valley every Dashain-Tihar and 1,200 tons of meat is consumed during the period in the valley.

Meanwhile, domestic traders who supply a majority of goats in the valley, have already sold almost 8,000 goats until Saturday. 

According to officials of Nepal Livestock Traders Association (NLTA), domestic traders will supply almost 35,000 goats in the valley this festive season and will increase the supply as per the demand. “Majority of goats has already been supplied to the valley while the others will be brought within couple of days,” Deepak Thapa, president of NLTA said. 

Traders have been selling live goats at a rate up to Rs 450 per kg depending on the weight of the goat. Thapa said that increased transportation cost has made goats slightly dearer this year. “The price has gone up as domestic production of goats is nominal and most of the goats have to be imported from India on high transportation cost,” added Thapa. 

Traders also criticized the government for doing nothing to increase domestic production of goats. “Instead of giving counter to traders bringing limited goats and selling at comparatively low price, the government should encourage farmers to increase domestic production,” Thapa said.