Moroccan authorities subsidize imports of 2.5 mln tons of wheat
UkrAgroConsult
The National Inter-Professional Office for Cereals and Legumes (ONICL) announced the subsidization of the import of 2.5 mln tonnes of milling wheat in the period from July 1 to September 30.
The current year was again a poor harvest for Morocco. According to the forecasts of the USDA, the Kingdom will harvest 3.8 mln tonnes of wheat, which is more than in 2022/2023 season (2.7 mln tonnes), but less than the five-year average (4.9 mln tonnes). Wheat imports in 2023/2024 season may increase to 7.5 mln tonnes, which is 1.9 mln tonnes more than the five-year average.
Read also
China increases US soybean purchases ahead of Xi Jinping’s visit
Poor soybean harvest to push India to increase soybean oil imports — USDA
Black Sea export disruptions return Australia to the centre of the global wheat ma...
Bunge sunflower oil facility suspends operations after Russian attack
Expana raises EU wheat export forecast as Black Sea shipments decline
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon