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Hyderabad: Goat, Sheep Prices Soar Ahead of Bakrid

At Tolichowki, one of the city's biggest markets vendors say goat and sheep prices have climbed sharply this season.

Hyderabad: With Bakrid approaching, the city's goat and sheep markets are witnessing the usual festive bustle - but this year, soaring prices have taken the sheen off the trade.

At Tolichowki, one of the city's biggest markets, vendors say goat and sheep prices have climbed sharply this season and several roadside vendors also confirm this trend. They blame rising fuel prices, which have made transportation costlier, along with higher fodder costs, for the spike in rates.
Traders say transporting costs have shot up significantly, with freight charges more than doubling in some cases. Last year the rate was Rs 20, 000 and now the price has gone up by Rs 8,000, quoted one trader. The labour costs involved in rearing the goats have also increased, he said. With petrol costs going up, the transportation costs have also gone. Earlier, people who would purchase two goats are now taking only one.

The lightweight goats, generally under 20–25 kg, are priced anywhere between Rs.12,000 – Rs. 20,000, while those weighing 30 kg and 50 kg are priced at Rs. 22,000 – Rs.40,000. The heavier premium goats weighing between 55 kg and 90 kg, which are some of the biggest attractions at Bakra Mandis, cost around Rs. 40,000 – Rs.90,000, reports state.

Bakrid, also known as Eid al-Adha, commemorates the spirit of sacrifice and charity, and traditionally drives strong demand for goats and sheep across the country. But traders remain hopeful that last-minute customers will revive demand closer to the festival.
( Source : Deccan Chronicle with agency inputs )
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