Qurbani Animal Markets ‘Crashes’ as prices fall in final hours ahead of Eid ul-Azha 2026

LAHORE – Eid ul-Azha 2026 is finally here with only a few hours remaining, the livestock market at Shahpur Kanjran witnessed unexpected decline in bull prices, creating concern among traders and reshaping buyer behavior. Market reports indicate that bulls, which were previously valued at around Rs4Lac, are now being sold for approximately Rs2.5Lac amid drop of up to Rs1.50-1.75Lac. Traders lament unusual market imbalance, where the number of available bulls exceeded buyer demand. Due to this surplus, livestock sellers are reportedly being forced into distress sales, accepting lower-than-expected prices amid increasing competition. Prices of bulls from Brahman and other breeds have also declined notably, with reductions ranging between Rs 100,000 and Rs 150,000. Despite the price drop, the market is experiencing a heavy influx of buyers, taking advantage of the reduced rates. However, this shift in purchasing patterns has had a secondary impact on the market, with traders reporting a decline in goat sales as consumers increasingly opt for bulls instead. Goat sellers say the falling bull prices have directly affected demand for goats, adding further pressure on their seasonal business during the crucial Eid period. With demand patterns shifting rapidly and prices under pressure, the Shahpur Kanjran livestock market continues to reflect heightened volatility in the final hours leading up to Eid al-Adha.