Chicken prices are rising again in the markets in Morocco

Published 2024년 8월 3일

Tridge summary

The article highlights the ongoing issue of increasing chicken prices in Morocco, with the cost of turkey chicken currently around 25 dirhams per kilogram in several cities, a situation expected to worsen due to summer's increased food consumption. Bird farmers attribute the price hike to high demand and limited production, as well as the failure of feed traders to lower prices despite falling global raw material costs. Experts warn that the current wholesale price of live chicken is nearing 20 dirhams per kilogram, which does not cover production costs, and there are concerns that chicken prices could hit record highs soon, with no signs of consumer good price declines on the horizon.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Our Moroccan News - Hoda Jami Moroccans are still suffering from the never-ending rise in the price of chicken. The price of one kilogram of turkey chicken currently reaches about 25 dirhams in a number of Moroccan cities. This situation is likely to deteriorate in the coming weeks, especially with the summer period witnessing a doubling of food consumption. The owners of broiler farms justify their increase in the wholesale price of their goods primarily by the high demand compared to the limited production, in addition to the failure of Moroccan feed traders to reduce selling prices, despite the decline in the prices of raw materials in global markets. Professionals confirm that the wholesale price of live chicken currently exceeds 20 dirhams per kilogram, which, according to them, barely covers ...
Source: Akhbarona

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