Morocco’s Wheat Buyers Bet on France as Global Grain Market Booms

season, more than double last year’s volume, according to Philippe Heusele of Intercéréales. Morocco plans to import about 5.5 million tons in total. If targets hold, France would supply nearly two-thirds of the country’s imports. The talks took place as global wheat output hit a historic high. Dan Basse, president of AgResource, said world yields now average 3.76 tons per hectare, despite no major growth in cultivated land. He said stocks among key exporters have climbed to levels unseen in decades, with stock-to-use ratios back in the low 20% range. Yet risks persist. “Climate and Black Sea geopolitics remain the main weak points,” Basse said, pointing to threats against Ukrainian infrastructure. Morocco depends on wheat imports to feed its population. Combined local output of soft and durum wheat reached about 3.5 million tons in 2025. Annual demand nears 10 million tons, according to FAO estimates. To protect the domestic market, the government extended subsidies for soft ...