Morocco: Grain and Feed Update
Link to report:
The Government of Morocco has released its first wheat and barley production estimates for the 2023 crop, including 2.98 MMT of common wheat, 1.18 MMT of durum wheat, and 1.35 MMT of barley. Although the MY 2022/23 wheat and barley production estimates are up 62 percent compared to previous season, Morocco has experienced drought four of the last five seasons, and wheat production is well-below historic averages. On May 31, 2023, the government of Morocco stopped its common wheat import support program as global prices fell with the new world wheat crop ($227-$251 per MT) and other declining inflationary pressures. Additionally, the government of Morocco will keep wheat and barley import duties at zero until December 31, 2023, in order to encourage stock building.
