Will the recent rainfalls affect the high prices of meat? A professional explains the topic

Agadir 24 | Agadir24

A group of citizens wondered whether the recent rainfall recorded during the months of September and October would contribute to saving the purchasing power of Moroccans from the soaring prices of red meat.

Taking into account that the “rains of goodness” have a positive impact on the agricultural sector in general, and livestock breeding in particular, the Moroccan consumer is impatiently awaiting the decline in the prices of red meat, the prices of which have recently reached record levels.

Early rainfall contributes to reviving pastures, a free alternative for livestock breeders to purchasing fodder, the prices of which have skyrocketed since the outbreak of the “Corona” epidemic, increasing the cost of production and impacting selling prices, as they are still continuing to this day.

In this context, professionals revealed that the recent rainfall may contribute, even partially, to the decline in red meat prices, given that enriching pastures with plants will lead to a decrease in demand for fodder, which in turn contributes to a decrease in their prices, but that will not happen in the near future.

They stressed that at least 3 years are needed for things to return to normal, stressing that “the rains will not have an immediate impact on the prices of red meat, as we need about 3 consecutive years of sufficient rainfall to return to the previous situation and achieve recovery for the national herd.”

In response to this issue, Mohamed Benjbli, President of the Moroccan Federation of Livestock Sector Actors, revealed that feed prices are still high, as the price of compound feed ranges between 3.5 and 4.30 dirhams, while the price of hay has reached 40 dirhams per “bale.”

Benjbli explained that the enrichment of pastures will affect feed prices and hence the cost of production, but it will not have an immediate impact, he said, highlighting that “the impact of rainfall on feed prices, and on the livestock sector in general, will be in the medium term.”

The same spokesman confirmed that “breeders are still forced to buy feed and bear its high cost,” while promising
“The measures that the government is preparing to take, following the recent meeting with those involved in agricultural production chains, in order to revive the sector and ensure the supply of markets.”

It should be noted that the Prime Minister pledged, during the aforementioned meeting, to take measures aimed at contributing to reducing the prices of agricultural products, as well as protecting and restructuring the livestock stock, in addition to strengthening the resilience of the agricultural sector in the face of an unfavorable global context characterized by climate change and water scarcity.

This meeting was an opportunity to study various mechanisms to contribute to achieving balance in animal chains such as milk, red meat, and poultry, as well as plant chains such as olives, citrus, date palms, early vegetables, sugar plants, rice, seeds, and grains, through Mobilizing a total expected budget for this plan amounting to 7.3 billion dirhams.

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