Tridge summary
The National Cereals and Grain Occupational Office will provide subsidies for the import of 2.5 million tons of flour wheat from July to September. This is in response to lower crop yield this year and the expectation of increased wheat imports in Morocco. Despite an increase in production compared to the previous year, the country did not meet its target of producing 7.5 million tons of grain as projected in the 2023 budget.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The National Cereals and Grain Occupational Office reported that it will subsidize the import of up to 2.5 million tons of flour wheat between July 1 and September 30. According to Reuters, traders expect Morocco to resume importing wheat after harvesting a below-average crop this year, although production was higher than 2022, which was damaged by drought. And last April, the Ministry of Agriculture said that the grain harvest for the current year is expected to reach 5.51 million tons, an increase of 62 percent over ...
Source: Kech24.ua
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