In an effort to “cap the prices” before the Eid al-Adha season, Hespress was informed by reliable professional sources that the Moroccan government vowed to grant the livestock federations financial support amounting to up to 500 dirhams for each sheep imported from overseas.
In this regard, Hespress sources noted that the government aims, through the aforementioned move, to control sheep prices in order to minimize speculation in which brokers thrive, underlining the fact that the professional federation began importing sheep after the bilateral agreement.
The same sources emphasized that the government had made it possible for experts to import sheep for Eid al-Adha from Romania, Spain, and Portugal, adding that the ministry in charge of the area’s regulation would step in to keep prices stable.
Numerous experts confirmed to Hespress that the national herd is adequate to cover all of Morocco’s needs, regardless of the sectoral federations’ recent importation of sheep from Romania and Spain.
In a related development, the National Professional Office for Cereals and Grain has gotten in touch with the concerned Moroccan importers to ask them to complete import applications with all the necessary information so they can take advantage of the exceptional government support for lowering import duties to keep market prices stable.
The national herd of sheep and goats is likely to exceed 6 million heads this year, according to the livestock industry’s active bodies, comparing it to past years, where demand didn’t reach 5 million.
The same groups admitted that there were between 5% and 8% fewer sheep and goats this year than in past years, but they believed that importing animals from abroad would ease the strain on the national herd, which had been negatively impacted by the drought.
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