Significant Drop in Livestock Prices Expected in the Coming Days After the Cancellation of Eid Sacrifice

It has been learned that weekly markets across Morocco will witness a sharp decline in livestock prices in the coming days, including sheep, cattle, and goats, following the royal decision to cancel the Eid al-Adha sacrifice for this year.

According to multiple sources, prices have already dropped by more than 50%, causing frustration among livestock breeders (“Kessaba”) and middlemen (“Shanaka”). Meanwhile, many citizens welcomed the price drop and expressed hope that the trend would continue.

Industry professionals have also confirmed that red meat prices are expected to decline significantly in the coming days, particularly with the arrival of large quantities of imported livestock in preparation for Eid. This is seen as a positive development for consumers, who have been hoping for relief from high meat prices.

The royal decision to cancel the Eid sacrifice has been widely regarded as a wise move, as it helps reduce pressure on the national livestock herd and eases financial burdens on citizens, especially amid the current economic challenges. However, experts stress the importance of supporting local livestock production and incentivizing breeders to prevent long-term negative impacts on the agricultural sector.

The decline in livestock prices is expected to boost demand for red meat in local markets, potentially aiding economic recovery in certain struggling sectors. However, some experts warn that this development could also create new challenges for livestock breeders, as many families rely on livestock farming as a primary source of income.

source : fes news media

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