Join on WhatsApp
Join on Telegram
Rabat- With Eid Al-Adha around the corner, Moroccan citizens, especially those from the modest socioeconomic class, are increasingly concerned about the soaring prices of livestock compared to previous years.
This annual festival, known as the “Festival of Sacrifice,” holds deep religious significance and traditionally involves the purchase and sacrifice of livestock such as sheep, goats, and cattle.
This year, however, the cost of acquiring sacrificial animals has become a significant burden for many families. Prices have surged, with reports indicating that they have doubled or increased by around MAD 2000 compared to last year. This steep rise has left many buyers frustrated and struggling to afford suitable animals for the ritual sacrifice.
Morocco World News covered the concerns of livestock buyers this year at Souk Sebt El Haouafate in Mechraa Belksiri, located in the province of Sidi Kacem.
“We came to the souk, but the prices are extremely high, beyond our capacity. As far as I noticed, there’s an additional MAD 2000 added to the price of sheep… We see that the prices have doubled here; a sheep that should cost MAD 3000 is being sold for 6000,” said Bouchta, a buyer at the market.
The market dynamics this year highlight a challenging situation for both sellers and buyers alike. Aiming to maximize profits during this peak demand period, sellers are influenced by factors such as increased production and transportation costs exacerbated by an extreme drought season.
Read also: Spanish Sheep Arrive in Morocco, Prices Range from MAD 1,800 to 3,000
On the other hand, buyers, especially those with limited financial means, are navigating difficult decisions on how to effectively manage their budgets while adhering to the religious traditions of Eid al-Adha.
“We observe that a sheep typically purchased by someone of modest means has increased by MAD 1500 to 1600. For instance, a sheep that used to be priced at MAD 800 is now quoted at MAD 2250,” one of the buyers told MWN.
He added, “ The poor are struggling while sellers appear content, each asking for their desired price. Both sellers and buyers are voicing complaints; may God help everyone in this situation.”
As the countdown to Eid al-Adha continues, the final day before the festival holds significant anticipation for many Moroccan families. The hope remains that market dynamics may shift favorably, allowing families to fulfill their religious obligations without undue financial hardship.
