Moroccan Cattle Importers Seek Refunds After French Supplier Fails to Deliver
Moroccan companies specialized in the import of cattle have ordered livestock from a French company that has not honored its commitments for months. These companies are asking to enter their funds to import cattle from Latin America.
Sources told Hespress that the French company has terminated its contract with these Moroccan companies specialized in milk and meat production, and has committed to refunding the funds received. According to the same sources, one of the Moroccan companies ordered 500 cows that were supposed to be delivered from mid-September last year. For this transaction, the French company received 1.340 million dirhams, a cow costing 2,680 euros (about 27,000 dirhams).
Since the order with the French company did not materialize, the Moroccan companies are trying to source from a Latin American country. They would consider importing cattle from Uruguay, which offers livestock at lower prices than France. The companies concerned continue to explore other alternatives in order to strengthen the national herd, particularly in dairy cows, in order to meet the strong demand for milk, dairy products and red meat.
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