Morocco: Ships of slaughtered cows imported from Brazil and Uruguay will arrive within 10 days

Published Jan 31, 2023

Tridge summary

Ships carrying cows from Brazil and Uruguay are expected to arrive in the next 10 days to address the current high red meat prices in Morocco. The price increase is primarily due to a rise in feed costs, which accounts for 80% of the meat's cost, and a deficit in supply from traditional import markets. The government has taken steps to facilitate imports, such as removing weight requirements and eliminating import fees on domestic cows. Additionally, the government is working on other mechanisms to encourage the import of necessary materials to lower red meat prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It is expected that ships loaded with cows destined for slaughter will arrive from Brazil and Uruguay within 10 days, "which will contribute to stopping the series of high prices for red meat." And the graph of red meat prices has been trending towards an increase recently, and according to a number of professionals in the red meat sector, the current circumstance in which the latter lives is moving with the price of meat towards exceeding the ceiling of one hundred dirhams soon, and others also believe that the month of Ramadan and Eid al-Adha They will see unprecedented heights. Mohamed Karimin, head of the Interprofessional Federation of Red Meats, announced in a statement to "Moroccan Sahara" that the rate of increase in these prices will begin after about ten days. Ensure some balance. The spokesman considered that the government measures represented in the 2023 Finance Law, which stipulated a reduction in customs tariffs for a ceiling set in 200,000 heads of cows destined ...
Source: Al Magribia

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