Tridge summary
Morocco is set to increase its wheat imports this season due to a crop failure caused by severe drought, according to the Foreign Agricultural Service under the U.S. Department of Agriculture. The country's gross wheat harvest has dropped to 2.47 million tons, and barley harvest to 0.66 million tons. Imports of wheat are projected to rise to 7.5 million tons, while barley imports will total 1.15 million tons. Moroccan importers have shifted to buying wheat from Russia and Ukraine, reducing imports from Canada and Argentina.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Morocco will increase wheat imports this season due to crop failure caused by severe drought. This is stated in the report of the Foreign Agricultural Service under the U.S. Department of Agriculture (FAS USDA). Gross wheat harvest fell to 2.47 million tons (4.160 million tons in the 2023/2024 season) and barley fell to 0.66 (1.35) million tons. Wheat imports in the current season could rise to 7.5 (6.24) million tons. Barley imports will total 1.15 (1.533) million tons. This season, Moroccan importers switched to buying wheat from Russia and Ukraine, reducing imports from Canada and Argentina, which offer higher prices. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional ...
Source: UkrAgroConsult
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