Morocco boosts wheat imports amid low prices

게시됨 2025년 7월 11일

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Morocco is ramping up wheat imports to ensure three to five months of supplies, taking advantage of lower global grain prices. The country is seeking to replenish its stocks of soft wheat, which is used to make bread and pastries, amid a favorable market environment, according to Abdelkader El Alaoui, president of the National Federation

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of Mill Owners, SNRTnews reports. Global wheat prices have been falling since May 2025, according to an analysis by the Food and Agriculture Organization of the United Nations (FAO). El Alaoui said the benchmark price for wheat deliveries to mills is 250-255 Moroccan dirhams ($27.9-28.4) per quintal, below the 270 dirhams ($30) threshold required to receive government subsidies. The subsidies are provided to compensate for the difference between the import price and the cost of delivery to the fields. Morocco’s Agriculture Minister Ahmed Bouari has forecast that cereal production will reach 44 million quintals in 2025, up 41% from last year. The increase is due to significant rainfall in March-April, which reached 295 mm, which helped the sector recover after a 4% decline last season. The agricultural sector is expected to grow by 5.1% this year. Despite the improvement, Morocco continues to suffer from a drought that has lasted for six consecutive seasons. The country has taken a ...

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