Red meat: prices will start to fall gradually before Ramadan (Mr. Sadiki)

by times news cr

Red meat prices have increased due to disruptions in the meat chain, induced by the effects of the pandemic and the drought, which has impacted the supply of markets in sufficient quantities and therefore the increase in prices, explained Mr. Sadiki in a statement to the press during a meeting held with the Interprofessional Federation of Red Meats (FIVIAR).

In this regard, the minister assured that prices should stabilize to return to their pre-crisis levels, stressing that the government has taken important measures to lower prices, including the removal of customs duties, the removal of value added tax (VAT), as well as encouraging the procedure for importing cattle for slaughter from Europe and Latin America.

He also said that the importation of cattle intended for slaughter would help preserve domestic cattle to rebalance the national livestock chain and thus ensure that prices return to their level.

The minister also noted that cattle imports began three days ago, noting that prices have started to fall by around 3 to 5 dirhams in recent days, particularly in the Casablanca markets.

This decline will continue until prices return to their level, he noted, adding that the purpose of the meeting with FIVIAR is to implement these measures taken by the government, with a view to rebalancing this chain, in which we have achieved self-sufficiency.

For his part, the President of FIVIAR, M’hammed Karimine, said that the Green Morocco Plan (PMV) has made it possible to guarantee self-sufficiency in the production of red meat.

The said Plan also made it possible to increase production from 450,000 tonnes per year to 606,000 tonnes annually, thanks to strong state support in improving the breed and productivity, as well as supporting farmers, Mr. Karimine said.

And to continue that currently, we are facing a problem of rising prices, which results from the succession of crises, in particular covid-19 and the effects of geopolitical conflicts, having led to the rise in the prices of fodder used in the production of red meat.

To address this situation, Mr. Karimine noted that the ministry has ensured the support of breeders and farmers, noting that the Federation has accepted the importation of cattle to protect the national herd and the purchasing power of the citizen.

2024-08-13 15:04:44

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