Advertisement
Categories: NewsPakistan

Livestock Markets Booming Ahead of Eidul Azha, Prices Cause Buyer Frustration

Advertisement

Animals are being brought in large numbers from various districts of Punjab, as well as Khyber Pakhtunkhwa and Kashmir. With Eidul Azha just three days away, livestock markets have seen a surge in activity.

However, sharply rising prices have left many buyers disappointed and returning empty-handed. Citizens visit multiple cattle markets to compare prices, with extreme daytime heat shifting most of the activity to nighttime hours.

Goats are being quoted at over Rs100,000, while negotiations usually bring prices down by Rs5,000 to Rs10,000. Sheep range between Rs100,000 and Rs300,000, desi goats up to Rs200,000, cows around Rs200,000, and bulls from Rs300,000 to as high as Rs1 million.

Buyers say sacrificing an animal has become increasingly difficult due to inflation, with prices reportedly 50 percent higher than last year. The cost of collective sacrifice shares is said to range between Rs32,000 and Rs40,000 per person.

Livestock traders argue that rising fodder prices, transport costs, and other expenses have forced them to increase rates. Meanwhile, citizens raise concerns over inadequate security arrangements in cattle markets, pointing to poor policing, parking issues, and suspicious activity during nighttime hours.

Advertisement
News Desk

Recent Posts

SIMPACT 2026 Brings AI to the Forefront of Simulation Education

The Aga Khan University's (AKU) Centre for Innovation in Medical Education (CIME), Karachi, hosted SIMPACT…

9 hours ago

Meezan Bank Continues Blood Donation Drive in Partnership with The Indus Hospital

Meezan Bank, Pakistan's premier Islamic bank, once again partnered with The Indus Hospital & Health…

11 hours ago

Mobilink Bank and Yango Partner to Provide Shariah-Compliant Financing for Drivers in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…

3 weeks ago

Pakistani Freelancers’ Earnings Expected to reached $2.5 B in the Current Fiscal Year

Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…

3 weeks ago

Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…

4 weeks ago

Supernet Technologies set to raise 915 million to strengthen its working capital for growing projects!

KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…

4 weeks ago