Livestock prices in Kumasi have seen a slight reduction ahead of the 2026 Eid-ul-Adha celebrations, bringing relief to many Muslim families preparing for the annual festival.
The price drop has largely been linked to the recent strengthening of the Ghana Cedi against major international currencies such as the US Dollar, British Pound, Euro, and CFA Franc.
A visit to the Kumasi Abattoir showed a significant increase in the number of animals arriving at the market in anticipation of the celebrations. According to traders, more than 5,000 animals had been brought to the facility as of May 21, 2026, compared to about 3,000 recorded during the same period last year.
Eid-ul-Adha, one of the most important festivals in Islam, commemorates Prophet Ibrahim’s willingness to sacrifice his son in obedience to God. The celebration is traditionally marked by the slaughtering of animals including cattle, goats, sheep, and camels.
Mr. Hassan Yakubu, Financial Secretary of the Livestock and Cattle Dealers Association at the Kumasi Abattoir, explained that the stronger Ghana Cedi has reduced the cost of importing livestock, leading to more affordable market prices.
According to him, cows that sold for around GH¢30,000 last year are now being sold between GH¢20,000 and GH¢25,000. He also noted that some cattle previously priced at GH¢15,000 are currently going for about GH¢10,000.
Prices of rams have also reduced significantly, now starting from GH¢1,500 compared to GH¢2,500 during the same period in 2025.
Mr. Yakubu expressed optimism that the lower prices would enable more Muslim families to participate in the Eid sacrifice this year.
Despite border closures affecting livestock exports from Burkina Faso and Niger, traders believe the supply situation in Ghana remains stable ahead of the festivities.
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