Rates in cattle markets of Sher Shah, Kot Addu and Chowk Munda yesterday registered a sharp decline after a number of farmers brought their animals for sale in the wake of reports of heavy floods, it was learnt.
Ramzan, a trader, said when he went to Sher Shah cattle market on Sunday along with his 17 buffaloes and six goats, he came to know that rates have plummeted.
“Two traders called me and offered Rs50,000 for each buffalo and Rs6,000 for a goat. I told them a buffalo and a goat cost me Rs62,000 and Rs8,000 respectively. Eventually I disposed of all animals in loss,” he said.
In Muzaffargarh district where flood alert was issued, farmers rushed to markets and decided to sell their animals because they apprehended shortage of fodder and husk in coming days.