Rising prices and declining production, the wheat crisis tightens its grip on Morocco

The decline in production due to drought, and the rise in global prices, as a result of the Russian-Ukrainian war, and the restrictions imposed on the export of grain, are all reasons for tightening the screws on countries that do not have sufficient stocks of wheat. The reflection of the crisis on prices in Morocco At a time when the Kingdom is racing to remedy the expected deficit in wheat stocks, the prices of this vital material are witnessing repeated increases, despite the state's attempts to preserve the purchasing power of citizens. According to what we have learned from farmers and grain traders, the prices of these materials have witnessed significant increases, and they are still likely to rise, especially in light of the decline in local production. The price of local wheat, according to statements obtained by Le360, reached 700 dirhams per quintal, after its price ranged between 300 and 350 dirhams per quintal, while the price of imported wheat rose from 400 dirhams ...