Bangladesh Eid cattle market hit by rising costs, weak demand

追加: 2026-06-01

[00:00:01]Souring inflation and the fallout from the Iran-US conflict are putting pressure on Bangladesh's Eid al-Adha cattle market, driving up prices and dampening buyer turnout ahead of the religious festival.

[00:00:15]At Dhaka's main cattle market in Gabtoli on Sunday, traders said rising livestock feed and transportation costs had significantly increased the prices of sacrificial animals.

[00:00:26]Cattle feed prices have surged over the past year, raising overall rearing costs and forcing farmers to increase asking prices.

[00:00:52]The situation has worsened due to tensions involving Iran and the Strait of Hormuz, which have pushed global oil prices higher and increased fuel costs in Bangladesh, adding to transport expenses for livestock and goods.

[00:01:06]Farmers said higher diesel prices, coupled with inflation, have driven up the cost of feed, labor, and medicine.

[00:01:38]Despite a plentiful nationwide supply of cattle, demand remains weak. Traders reported a widening gap between seller expectations and what buyers can afford as many households grapple with shrinking purchasing power and rising living costs.

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