Russia offers Morocco durum wheat at an affordable price

Published Sep 4, 2023

Tridge summary

Morocco is facing a drought and is concerned about food security as a result. In response, Russia has offered to supply durum wheat, a key ingredient for bread and pasta, at a competitive price. Morocco has extended support for all wheat imports between July and September to ensure a stable supply of cereals.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Morocco facing drought: Russia offers durum wheat at an affordable price. Morocco is currently facing a period of drought, causing significant challenges related to food security. In this worrying context, Russia recently offered to supply durum wheat, an essential raw material for the manufacture of bread and pasta, to Morocco at a competitive price. In a move aimed at guaranteeing a stable supply of cereals, Morocco has extended its support to all wheat imports between July and September, regardless of origin. This initiative aims to encourage importers, following a below-average national harvest and rising prices on the world market. Morocco is still suffering the consequences of the previous year's drought, one of the most severe in decades, leading to a 60% drop in cereal production, from 10.4 million tonnes in 2021 to just 3 .3 million tonnes. The country's reserves of durum wheat are dwindling, raising fears of an imminent shortage, with availability lasting only two to ...
Source: Agrimaroc

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.