The prices of agricultural products in Morocco will remain stable


The prices of agricultural products in Morocco are expected to remain stable. The Agriculture Ministry made the announcement and said the prices of domestically produced food products remained stable or low compared to the same period last year.

“As for fruits and vegetables, wholesale prices remained low compared to the previous season, while the prices of pulses remained stable, with the exception of lentils, due to fluctuations in the world market,” explained the ministry.

“National markets in all regions of the Kingdom have sufficient availability of food products to meet consumption needs. The 2020-2021 crop year was a success in terms of food production, and food products would be sufficiently abundant in terms of nationally produced food to meet the needs of consumers, ”the ministry added.

National markets

Poultry prices have increased in domestic markets due to the effects of the COVID-19 pandemic on the service sector, particularly during the full lockdown. At the same time, meat prices returned to normal price levels “thanks to the success of the agricultural campaign and the fall in fodder prices compared to 2020,” the ministry said.

Sugar prices are expected to remain at their usual levels despite rising prices on the international market. The ministry’s press release attributes the stability of sugar prices “to the development of sugar crops which cover 50% of national needs, as well as to the existence of a strong professional organization and subsidies”.

Global food prices are at an all time high amid the fallout from the COVID crisis, the Food and Agriculture Organization of the United Nations (FAO) has warned. The world’s vital systems are under pressure amid an energy crisis, a global supply chain crisis and rising food prices.

Due to the current global crisis, the prices of agricultural products have increased due to the need for the economy to rebound from the effects of the COVID-19 pandemic as well as bad weather conditions in several regions of the world.

Source link


Leave A Reply