Iran: The decision to liberalize the export of live cattle is ambiguous, live cattle should be purchased

Published Oct 15, 2021

Tridge summary

The Minister of Jihad for Agriculture in a move to liberalize the export of non-productive livestock has stipulated that the country's livestock support company can now export non-productive live cattle, subject to price balance between production and consumption. However, the Managing Director of the Central Union of Light Livestock has raised concerns about the decision, pointing out ambiguities and questioning the Ministry's inability to maintain price balance in the local market. He also highlighted that the decision does not provide adequate support for producers and suggested the need for a mechanism to facilitate domestic purchases to stabilize the market and prevent producer losses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to ISNA, the Minister of Jihad for Agriculture recently announced the decision to liberalize the export of non-productive livestock. In the text of this decree, it is stated that the country's livestock support company, as an executor, is allowed to export non-productive live cattle from a specific customs, under the supervision of unions and the private sector, within a certain ceiling in terms of price balance between production and consumption. Also, the Ministry of Jihad for Agriculture (Deputy Minister of Livestock Production Affairs) is obliged to announce the ceiling and type of export livestock to the Livestock Affairs Support Company within two weeks. In this regard, Afshin Sadr Dadras - Managing Director of the Central Union of Light Livestock of the country, stating that there are ambiguities in this decision of the Agricultural Products Pricing Council, told ISNA: In terms of price balance between production and consumption to export. This means that it is ...
Source: Isna

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.