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
Italy expands rapeseed acreage and develops organic production segment
Morocco’s push for domestic wheat faces quality issues and harvest delays
Global soybean prices are putting pressure on the Ukrainian market
Fuel shortages threaten profitability of grain production in Russia
India may halt sugar exports for years due to El Niño and rising ethanol demand
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon