Morocco imports 30,000 heads of cows and calves from South America

Published 2023년 2월 9일

Tridge summary

Morocco's Prime Minister, Aziz Akhannouch, has announced measures to decrease the price of red meat by allowing the import of 30,000 cows and calves for slaughter, ahead of Ramadan. This includes the abolition of the value-added tax and the suspension of customs duties on cow imports for meat production. This is in response to the increase in red meat prices, which has been attributed to a drought-induced shortage of domestic cows and higher fodder costs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Aziz Akhannouch, Prime Minister, confirmed that the prices of red meat will decline thanks to the measures taken, noting that this will enable professionals to import about 30,000 heads of cows and calves destined for slaughter before Ramadan. This step will ease the pressure on the national herd, in addition to reducing the prices of meat sold by installments, after the abolition of the value-added tax, and stopping the collection of customs duties on the import of cows destined for slaughter. It is expected that Morocco will import more than 30,000 heads of calves destined for slaughter, from Brazil and Uruguay, which will be reflected in the prices of red meat in the national markets, which will witness a decrease, after it currently exceeds the barrier of one hundred dirhams per kilogram, after the price did not exceed the average of 75 dirhams per kilogram. dirhams in the past. And the Minister of Economy and Finance, Nadia Fattah, had attributed the rise in red meat prices ...

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