Agro-livestock trade fair auctioned over 200 cattle

The auction organized by the Cooperative of Livestock Breeders of Southern Angola generated 80 million kwanzas roughly USD 303.766.

However, the event held under the 32nd edition of the Nossa Senhora do Monte festivities fell short of expectations as the intention was to sell 300 cattle during the auction.

According to the general director of the cattle breeders’ cooperative, Luís Gata, the financial crisis that the country is experiencing was behind the reduction of the number of the usual cattle buyers.

In the previous edition, farmers sold during the auction more than 400 cattle, having collected 131.6 million kwanzas about 500,000 US dollars.

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