فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
In the Thursday edition of “Assabah,” the newspaper reported on a widespread rumor circulating on social media claiming that this year’s Eid al-Adha celebration could be canceled. This news, which sent shockwaves through Moroccan markets—especially sheep and goat markets—has caused significant concern among livestock breeders and traders, who had already begun preparing their animals for the important religious occasion.
According to the same source, many traders decided to postpone fattening their livestock, fearing severe losses if the cancellation rumor turned out to be true. This decision led to a decline in demand for sacrificial animals, negatively affecting the markets, where there was an increase in supply alongside a noticeable drop in demand.
In response to the uncertainty, livestock breeders rushed to sell their animals early, fearing confirmation of the cancellation. This move significantly impacted prices, with some reports indicating that the price of sheep and goats dropped by more than 1,000 dirhams per head. Faced with the challenges of prolonged droughts and high fattening costs from previous years, breeders’ distress was further exacerbated by these rumors, prompting them to liquidate their stock before the situation worsened.
With no official statement from the government regarding the fate of Eid al-Adha this year, the prevailing mood remains one of uncertainty. While many breeders hope for an official resolution to end the ambiguity, the current situation threatens to have major economic consequences if the rumor proves to be true. As anticipation builds, markets continue to fluctuate, caught between optimism for an official decision and the fear that ongoing uncertainty will lead to further price declines and worsen the financial strain on breeders.
source : fesnews media
