Morocco: Grain and Feed Update
Moroccan Ministry of Agriculture announced final cereal production for MY2014/15 at 6.8 million MT, which was 30 percent lower compared to production in the previous season. The 2015/2016 season started under unfavorable conditions with a significant shortage in the rainfall and low water reserves in dams. On September 1, 2014, the Government of Morocco (GOM) reduced the import duties for bread wheat from 45% to 17.5%, and is currently legislating measures that will simplify imports procedures for cereals. For MY 2014/15, Post maintains its estimate for imports at 3.1 million MT for wheat and 0.4 million MT for barely with an expected increase in market share for Russia and Black sea countries.
