00:01Soaring inflation and the fallout from the Iran-U.S. conflict are putting pressure on
00:07Bangladesh's Eid al-Adha cattle market, driving up prices and dampening buyer turnout ahead
00:13of the religious festival.
00:15At Dhaka's main cattle market in Gabtoli on Sunday, traders said rising livestock feed
00:21and transportation costs had significantly increased the prices of sacrificial animals.
00:26Cattle feed prices have surged over the past year, raising overall rearing costs and forcing
00:31farmers to increase asking prices.
00:34The situation has worsened due to tensions involving Iran and Iran,
00:56and the Strait of Hormuz, which have pushed global oil prices higher and increased fuel
01:01costs in Bangladesh, adding to transport expenses for livestock and goods.
01:06Farmers said higher diesel prices, coupled with inflation, have driven up the cost of feed,
01:12labor and medicine.
01:13In 2008, the land is essentially a big problem and they have the strength of grain.
01:23For example, they have the grain and the grain, now they have the grain and the grain.
01:34And they used to harvest grain and water and water and water.
01:38Despite a plentiful nationwide supply of cattle, demand remains weak.
01:43Traders reported a widening gap between seller expectations and what buyers can afford
01:49as many households grapple with shrinking purchasing power and rising living costs.
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