Record supply of sacrificial animals in northern markets

Record supply of sacrificial animals in northern markets

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Supply of sacrificial animals has marked an all-time record in the northern districts now while the sale is yet to get momentum despite lower price with less than two weeks ahead of the upcoming
Eid-ul-Azha. According to sources in the bigger cattle markets, the cattle-rearers are facing tough situation for lower animal price and fearing losses due to record supply of bullocks, calves, cows and buffaloes in the local markets. The buyers are observing the situation to choose animals of own choice amid a huge supply of the cattle heads following imports from the neighbouring country and boosts in the local livestock sector in recent years. Meanwhile, the animal traders have started sending hundreds of imported and locally purchased cattle heads to the capital city and other parts of the country fearing losses in the northern markets as supply continues rising everyday.
The animal traders at Lalbag, Badarganj, Nishbetganj, Taraganj, Mithapukur, Habrahat, Fulbari, Panchbibi, Joypurhat and Mokamtola cattle markets said price of bulls are lower by Taka 15,000 to Taka 20,000 this time than last year because of record supply. The buyers are feeling relaxed for the prevailing affordable price while the small-scale animal rearers and farmers are showing
frustration following lower price of sacrificial animals and hoping of better price in the coming days. Farmer Aiyub Ali at Lalbag cattle market here in the city said he expected to sell his bullock at Taka 80,000, but the buyers are yet to agree to purchase it at even Taka 60,000 now.
Local animal traders Sekendar Ali, Mohabbat Khan and Abul Fazal said they fear losses after failing to sell their cattle heads even at the purchased price so far though enough time is still left before the Eid festivity. In the coming days, animal price might rise when the locally reared and much healthier cattle heads along with imported bullocks, buffaloes, calves and cows would be sent to the other parts of the country more in number and local markets overcrowded, they said.
According to different market sources, an extra large bull is now being sold at rates between Taka 45,000 to 60,000 against last year’s rate of Taka 55,000 to Taka 70,000 and large one at Taka 40,000 to 42,000 against last year’s rate of Taka 50,000 to 60,000. A medium-size bull is selling at Taka 25,000 to 35,000 against last year’s average rate of Taka 28,000 to 40,000, while small one is being sold at Taka 18,000 to 25,000 with possibilities of price reduction
ahead of the Eid-ul-Azha festivity. However, prices of goats are comparatively higher this year and a big goat is being sold at Taka 14,000 to 17,000, medium-size at Taka 9,000 to 12,000 while a small one is being sold at Taka 4,500 to 6,000 at different markets now, the sources said. -BSS, Rangpur

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