Many of the thousands of customers at cattle market of the twin cities, expressed their dismay over the escalating prices of livestock amid inflation in the country. On the other hand the sellers, predominantly from rural areas, face the challenge of covering the rising costs of raising animals and hope to offset their losses from the previous year, primarily caused by lumpy skin disease.
This situation is reflective of the countrywide scenario, with people flocking to cattle markets in search of suitable goats, oxen, and camels. However, the majority faces the constraint of a limited budget due to reduced purchasing power. Consequently, many engage in “window shopping” at these markets, attempting to negotiate with sellers but often failing due to the exorbitant prices.
Buyer Khyzer Malik voiced his concerns, stating that while their income remained the same, prices had skyrocketed, leaving them wondering how they would afford the animals. Another customer, Adil Baba, inquired about the price of a camel, which can reach up to Rs1 million. However, seeking a more affordable option, he moved on to explore cheaper oxen.
Despite these challenges, collective sacrifice, allowed for large cattle like oxen and camels, presents an alternative. More people are drawn to the concept of collective sacrifice, resulting in increased sales of oxen compared to goats. Goats, being relatively more expensive, are often limited to affluent buyers.
The size and health of the goats play a significant role in profitability for farmers. Goats weighing between 40 and 80 kilograms are available with prices ranging from Rs100,000 to Rs150,000. Similarly, the huge oxen on display can fetch prices crossing the Rs500,000 but some even reaching Rs1 million.
However, if sellers fail to find buyers, they may have to sell their animals to butchers, which, though less lucrative, can still yield a profit. The same applies to camels, the largest sacrificial animals. Despite farmers’ efforts to sell their animals ahead of the annual holy festival, they are struggling due to people’s reduced purchasing power and the high prices of animals.
Furthermore, the meat prices of mutton, beef, and chicken have already been on the rise in the country. With rampant inflation and smaller crowds at the markets, sellers are facing significant challenges. Market taxes, rising fodder and truck rental prices, and staff wages are eating into profits, leading to predictions of substantial losses for sellers.
Furthermore the recent rains have caused muddy and waterlogged conditions. Despite the hardships faced by customers during their visits, families, including women and children, eagerly participate in these markets as part of their yearly festival traditions.