Meat prices: the upward spiral is stopped dead in its tracks...
If there's one issue that has been preoccupying the public for a long time, and which has unfortunately been prolonged, it's the cost of living. It is perceived as unreal by a large fringe of society. In fact, it's not just a feeling, but a bitter reality that the government has been unable to rectify. It has never been easy to curb inflation anywhere in the world, except by means of drastic and unpopular decisions. What is currently happening in Argentina is the perfect illustration of this difficulty. The Moroccan government is not ready to shoulder such responsibility, especially as some of its so-called social decisions have contributed to the current situation.
Since the COVID pandemic, inflation has not stopped. There has of course been imported inflation, particularly since the outbreak of hostilities between Russia and Ukraine, but there has also been domestic inflation, which has been there since certain decisions were taken by PJD governments. The long-term rise in prices has also accelerated as a result of the money distributed by the current government, for reasons that are quite understandable from a human point of view.
Citizens no longer know where to turn. The HCP confirms that there has been a slight overall improvement in Morocco, which is to be welcomed, but not for everyone. Gaps are still widening, and precariousness is catching up with a middle class that has been weakened for almost ten years now, one after the other.
Against this bitter backdrop, over the past few weeks people have been looking ahead to Ramadan with uncertainty, and have already been talking about Eid, wondering how they are going to make ends meet. They dared to make alarming comments, vociferating recurrently, particularly on social networks and via certain ‘specialist’ websites. Clear demands have been made of the government. Each time, it has timidly tried to respond, without being convincing. Each day that the good Lord has done for a few weeks, not to say months, has only widened the gap, to the point where a crack has been felt in the coalition at the helm. The leader of the Istiqlal party came out clearly on the side of the plaintiffs, taking up the arguments of this important fringe of society.
The situation is very special. The impact of 6 successive years of lack of rain on grazing and therefore on livestock is palpable. As a result, in line with economic logic, prices are on an upward trend. At the same time, it should be noted that for some years now, the habits of Moroccans have changed considerably. Improved living standards and certain cultural biases mean that we slaughter more sheep than any other Muslim country, especially when you compare the number of animals sacrificed on this sacred day of Aid with the number of inhabitants. In fact, the 36 million Moroccans that we have been for some time now sacrifice some 6 million animals every year on a single day. That's almost a third of the national sheep herd. Moroccans, who are very attached to tradition, are the people who sacrifice the largest number of sheep on Aid El Kebir. By way of example, our neighbors, who have a population of five million, only sacrifice between 3 and 3.5 million animals. In the Gulf countries and even in Mecca during the pilgrimage, people prefer to spend the equivalent of the amount needed to buy a sheep on charity.
The impasse.
It was clear that a powerful and far-reaching decision was needed to turn the tide.
And it was through a message that His Majesty the King, may God assist him, in his capacity as Commander of the Faithful, came to break the spiral and restore hope to the people.
When Si Ahmed Taoufiq, Minister of Habous and Islamic Affairs, read the royal message calling on the faithful to refrain from performing the rite of sacrifice for Eid, he could never have imagined the scale of the demonstrations of joy that the solemnly pronounced words would provoke. Back home, Moroccans instantly appreciated the invitation and chanted prayers in unison for His Majesty's health. The weight and impact of the Sovereign's words on the occasion were like a balm, healing wounds and reassuring people. In the cafés, some people behaved as they did when our national team scored goals in the World Cup. Chairs jumped up and down, and the joy and emotion were palpable. Moroccans approved and were satisfied and happy.
The next day, things had changed.
I was particularly surprised that beef was offered at 75 dirhams in Temara on Saturday. The price fell by 40 dirhams in record time.
The impact of the royal message shook things up. Tongues have been loosened. Some speculators were exposed, while others reported that some players in the industry were not declaring the exact number of animals in their possession, or were not even declaring any at all. As if by magic, all these fine people came out of the woodwork, some to complain, some to express their discontent. In fact, people whose job is not to rear sheep have no structure to look after them. Generally speaking, all they have are sheds and staff to look after them. Their difficulty now is how to sell the quantity of sheep they trade in.
It became clear that the effects of the drought were in fact combined with those of unbridled speculation at the expense of the consumer.
The situation today is that meat is in the process of returning to the affordable, even normal, pre-crisis prices it was before the crisis, without imports and without any public aid being distributed for this purpose. In fact, without any intervention from the government, whose previous attempts have failed.
Things are unlikely to stop there. The fall in the price of sheep has led to a fall in the price of cattle, and will probably lead to a fall in the price of goats, chicken and fish. The balance of these products in the consumer basket will inevitably rebalance prices to everyone's advantage.
The upward spiral has been stopped dead in its tracks.
Moroccan citizens have once again had proof, if proof were needed, of the closeness of His Majesty Amir Almoumine and feel perfectly well protected.
As I write these words, a song pops into my head: habib aljamahir by Abdelwahab Doukkali.
Partages
Meat prices: the upward spiral is stopped dead in its tracks...
copier:
https://bluwr.com/p/115880899
Meat prices: the upward spiral is stopped dead in its tracks...
If there's one issue that has been preoccupying the public for a long time, and which has unfortunately been prolonged, it's the cost of living. It is perceived as unreal by a large fringe of society. In fact, it's not just a feeling, but a bitter reality that the government has been unable to rectify. It has never been easy to curb inflation anywhere in the world, except by means of drastic and unpopular decisions. What is currently happening in Argentina is the perfect illustration of this difficulty. The Moroccan government is not ready to shoulder such responsibility, especially as some of its so-called social decisions have contributed to the current situation.
Since the COVID pandemic, inflation has not stopped. There has of course been imported inflation, particularly since the outbreak of hostilities between Russia and Ukraine, but there has also been domestic inflation, which has been there since certain decisions were taken by PJD governments. The long-term rise in prices has also accelerated as a result of the money distributed by the current government, for reasons that are quite understandable from a human point of view.
Citizens no longer know where to turn. The HCP confirms that there has been a slight overall improvement in Morocco, which is to be welcomed, but not for everyone. Gaps are still widening, and precariousness is catching up with a middle class that has been weakened for almost ten years now, one after the other.
Against this bitter backdrop, over the past few weeks people have been looking ahead to Ramadan with uncertainty, and have already been talking about Eid, wondering how they are going to make ends meet. They dared to make alarming comments, vociferating recurrently, particularly on social networks and via certain ‘specialist’ websites. Clear demands have been made of the government. Each time, it has timidly tried to respond, without being convincing. Each day that the good Lord has done for a few weeks, not to say months, has only widened the gap, to the point where a crack has been felt in the coalition at the helm. The leader of the Istiqlal party came out clearly on the side of the plaintiffs, taking up the arguments of this important fringe of society.
The situation is very special. The impact of 6 successive years of lack of rain on grazing and therefore on livestock is palpable. As a result, in line with economic logic, prices are on an upward trend. At the same time, it should be noted that for some years now, the habits of Moroccans have changed considerably. Improved living standards and certain cultural biases mean that we slaughter more sheep than any other Muslim country, especially when you compare the number of animals sacrificed on this sacred day of Aid with the number of inhabitants. In fact, the 36 million Moroccans that we have been for some time now sacrifice some 6 million animals every year on a single day. That's almost a third of the national sheep herd. Moroccans, who are very attached to tradition, are the people who sacrifice the largest number of sheep on Aid El Kebir. By way of example, our neighbors, who have a population of five million, only sacrifice between 3 and 3.5 million animals. In the Gulf countries and even in Mecca during the pilgrimage, people prefer to spend the equivalent of the amount needed to buy a sheep on charity.
The impasse.
It was clear that a powerful and far-reaching decision was needed to turn the tide.
And it was through a message that His Majesty the King, may God assist him, in his capacity as Commander of the Faithful, came to break the spiral and restore hope to the people.
When Si Ahmed Taoufiq, Minister of Habous and Islamic Affairs, read the royal message calling on the faithful to refrain from performing the rite of sacrifice for Eid, he could never have imagined the scale of the demonstrations of joy that the solemnly pronounced words would provoke. Back home, Moroccans instantly appreciated the invitation and chanted prayers in unison for His Majesty's health. The weight and impact of the Sovereign's words on the occasion were like a balm, healing wounds and reassuring people. In the cafés, some people behaved as they did when our national team scored goals in the World Cup. Chairs jumped up and down, and the joy and emotion were palpable. Moroccans approved and were satisfied and happy.
The next day, things had changed.
I was particularly surprised that beef was offered at 75 dirhams in Temara on Saturday. The price fell by 40 dirhams in record time.
The impact of the royal message shook things up. Tongues have been loosened. Some speculators were exposed, while others reported that some players in the industry were not declaring the exact number of animals in their possession, or were not even declaring any at all. As if by magic, all these fine people came out of the woodwork, some to complain, some to express their discontent. In fact, people whose job is not to rear sheep have no structure to look after them. Generally speaking, all they have are sheds and staff to look after them. Their difficulty now is how to sell the quantity of sheep they trade in.
It became clear that the effects of the drought were in fact combined with those of unbridled speculation at the expense of the consumer.
The situation today is that meat is in the process of returning to the affordable, even normal, pre-crisis prices it was before the crisis, without imports and without any public aid being distributed for this purpose. In fact, without any intervention from the government, whose previous attempts have failed.
Things are unlikely to stop there. The fall in the price of sheep has led to a fall in the price of cattle, and will probably lead to a fall in the price of goats, chicken and fish. The balance of these products in the consumer basket will inevitably rebalance prices to everyone's advantage.
The spiral has been stopped dead in its tracks.
Moroccan citizens have once again had proof, if proof were needed, of the closeness of His Majesty Amir Almoumine and feel perfectly well protected.
As I write these words, a song pops into my head: habib aljamahir by Abdelwahab Doukkali.
Partages
Meat prices: the upward spiral is stopped dead in its tracks...
copier:
https://bluwr.com/p/115880895
