Punjab’s Online Cattle Market Auctions Generate Rs. 6.59 Billion Through 950 Bids
Online cattle market auctions conducted across Punjab on Wednesday generated a substantial Rs. 6.59 billion through nearly 950 bids across 28 markets, according to official data.
These auctions were facilitated via a transparent digital platform managed by the Punjab Cattle Market Management and Development Company (PCMMDC) and supervised by the Local Government and Community Development Department.
Strong participation was observed from both large contractors and regional businesses. Among the three participating divisions, Multan led with the highest earnings, collecting Rs. 2.63 billion from its 10 cattle markets. Lahore followed with Rs. 2.03 billion, while Faisalabad brought in Rs. 1.91 billion.
The single highest bid came from Multan’s Model Cattle Market in Jungle Jaswant Garh, securing Rs. 1.57 billion. Lahore’s Shahpur Kanjran Model Cattle Market received a major bid of Rs. 1.5 billion, while Faisalabad’s Jhang Model Cattle Market fetched Rs. 1.16 billion.
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Other notable bids included:
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Sheikhupura Model Cattle Market: Rs. 486.78 million
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Luddan Cattle Market: Rs. 710 million
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Niamoana Model Cattle Market: Rs. 140.7 million
Smaller markets such as Chund Bharwana, Tandlianwala, Gaggoo, and Machiwal also saw active bidding, with offers ranging from Rs. 14 million to Rs. 50 million.
In terms of participation, Faisalabad’s 13 markets led with 457 bids, followed by Lahore’s five markets with 253 bids, and Multan’s 10 markets with 240 bids—indicating rising interest from private sector stakeholders across the province.