- 17:30United States imposes 30% tariff on Algerian exports starting August 2025
- 17:00Who are the 8 American billionaires of African descent holding $413 billion in wealth?
- 16:22What is happening between Azzedine Ounahi and Marseille?
- 14:51Hann Bay in Dakar: A polluted paradise seeking attention
- 14:17Israeli airstrikes hit Damascus defense compound, leaving one dead and 18 injured
- 14:04Moroccan mutual funds exceed 768 billion dirhams in assets as of July 4
- 13:49U.S. envoy urges de-escalation and dialogue after Syria-Druze clashes and Israeli strikes
- 13:31What We Know About Ukraine’s Cabinet Shake-up
- 13:15Press reform bill under scrutiny: Minister Bensaïd acknowledges need for amendments
Follow us on Facebook
Surge in Chicken Prices Creates Stir in Morocco
Morocco is grappling with discontent among its populace as the prices of chicken continue to rise, placing additional strain on already tight household budgets. Recent market surveys indicate that poultry costs have surged over the past few months, stabilizing at approximately 21 to 23 Moroccan dirhams per kilogram in various markets across Casablanca.
The soaring prices are causing a squawk among chicken farmers, who now face untenable production costs. Industry experts estimate that it takes between 15.50 to 16 dirhams to rear each kilogram of chicken. This increase is primarily attributed to the elevated expenses associated with imported feed ingredients such as corn and soybean meal, which are cutting into razor-thin profit margins.
The absence of government subsidies to counter these rising costs has left farmers in a precarious position. Faced with the prospect of financial turmoil, many warn that they may be compelled to cull their flocks simply to survive.
One struggling farmer expressed the dilemma, stating, "We're burdened with heavy debts from the purchase of feed and chicks. Without financial relief, we cannot ensure domestic production capacity or affordability for Moroccan consumers who rely on poultry as a vital protein source."
As policymakers grapple with this predicament, ordinary Moroccans find themselves shouldering the weight of surging poultry prices. Without prompt government intervention and private sector support, industry analysts caution that the country's chicken crisis is unlikely to be resolved in the near future.
In the face of this challenging situation, there is a pressing need for decisive action to alleviate the economic strain on both farmers and consumers alike, ensuring that the chicken predicament doesn't continue to hover over Morocco's economy.