Tuesday, August 22, 2017

Drop in Sheep Price For Eid

Eid al-Adha, when Muslims slaughter sheep and cattle in remembrance of Abraham's near-sacrifice of his son can be an expensive time for many Moroccan families. Thankfully, this year the price of sheep is set to be considerably lower than 2016

The main reason behind the lower prices is the abundance of sheep due to a good agricultural season.

Families usually expect a rise in prices as the sacrifice feast draws near. However, this year the livestock markets are calm and show a range between 39 and 45 dirhams per kilo as compared to between 55 and 80 dirhams last year. The price of livestock feed has dropped considerably, due to good growing conditions, and is seen as a determining factor in the final price.

Similarly, the abundant supply of sheep is pushing prices down. The 510,000 sheep and 3,000 goats offered for sale are sufficient for the whole population and have been certified free of disease, contrary to rumours of previous years.


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