France plans to increase its share of Morocco’s milling wheat imports to 60%
According to forecasts from the industrial group France Intercereales, Morocco will import over 3 million tons of French milling wheat this season, accounting for a fifth of France’s total exports. This was reported by the Zerno On-Line news agency, citing European traders.
France Intercereales expects Morocco to import 5 million tons of milling wheat, 1 million tons of durum wheat, and 1 million tons of barley this season, as well as at least 2.5 million tons of corn. This means France will account for approximately 60% of Morocco’s milling wheat imports.
This year, Morocco has already purchased 1 million tons of French milling wheat.
France Intercereales forecasts that French exporters will export 15 million tons of milling wheat this season, 8 million of which will be exported outside the European Union.
France Intercereales published these forecasts ahead of its annual meeting with Moroccan importers, which will take place next week in Casablanca.
Read also
AgriSupp Data Constructor – create personalized subscription package!
Grain export rates from Ukraine in November are almost 23% lower than last year...
John Deere’s net profit fell 29%
India makes rare long-term soyoil purchases to secure affordable supplies
Australia expands grain-fed beef exports amid US production decline
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon