Huge supply fails to tame city cattle markets in Bangladesh

Cattle traders on Thursday were found demanding higher prices of sacrificial animals than the previous year despite a huge supply of cattle in the makeshift cattle markets in the city.The price of medium-size ox ranges from Tk 160,000 to Tk 165,000 which was between Tk 120,000 and Tk 130,000 in the previous year, according to buyers.Visiting the city cattle markets, a record number of locally-reared sacrificial animals were seen flooding the markets.Md Azahar Uddin, a seasonal cattle trader hailing from Rajshahi, said that this year cattle prices in local markets were higher than those in the previous year.‘I brought 12 cattle in the city’s Hazaribagh cattle market, but could not make any sale. Several people asked prices but did not offer a fair price,’ he said.Traders, however, hope that sales would gain momentum today as Eid-ul-Azha, one of the biggest religious festivals for the Muslims, is set to be celebrated on Thursday.They attributed the high prices of sacrificial animals ...