Livestock markets and their role in developing the livestock sector: is there a need for livestock auction markets in Sudan?
by Elfadil Ahmed Ismail
African J. of Economic and Sustainable Development (AJESD), Vol. 1, No. 1, 2012

Abstract: Livestock plays an important role in the Sudanese economy and shares almost 50% of the total agricultural exports. Although livestock trade is a prevalent and important economic activity in Sudan, still little attention is given to develop its markets and almost negligible caution is given for increasing livestock number and productivity. Livestock marketing system depends on direct sales and livestock auction markets are not well known in Sudan and their significance is also not well recognised. The paper concluded that, auctions are useful in livestock markets for maintaining quality standards, grades and weight measurement systems in these markets and hence help in setting the right price mechanism which could satisfy the sellers and the buyers as well as meeting the demand of participants. Many steps are required to establish efficient livestock auction markets. The conclusions given by this paper can be used by policy makers as a benchmark for verifying establishment decisions prior to adoption of any livestock auction markets.

Online publication date: Thu, 31-Jul-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the African J. of Economic and Sustainable Development (AJESD):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com