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Morocco's Costly Eid Al-Adha Despite Intervention

Morocco's Costly Eid Al-Adha Despite Intervention

Morocco experienced the highest Eid al-Adha prices in its history this year, with sacrificial animals exceeding 5,000 dirhams in markets, and some goats reaching between 7,000 and 12,000 dirhams, especially in major cities. This is despite official statements confirming the availability of supply and a variety of prices. Although the government announced that there is a theoretical surplus in the national herd, estimated between 8 and 9 million animals, prices have risen sharply. This raises questions about a possible imbalance in the livestock market and the impact of middlemen and speculation on prices. Authorities have attempted to ease the burden through regulatory measures, but the economic and structural conditions in the sector remain unstable.

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