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Morocco drastically reduces the imports of black sea wheat in the current season
In the 2017/18 season, thanks to sufficient rainfall, the wheat crop in Morocco increased by 3.5 million tons per year to 6.25 million tons, reduced import demand in a given culture
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According to forecasts of FAS USDA, Morocco will reduce the import by the end of this season to 4.8 million tonnes (5.48 million tonnes in the 2016/17 season).

From July to November 2017/18 season, the Ukrainian wheat exports to Morocco fell by almost six-fold to 110 thousand tonnes (636 thousand tons in July-November 2016/17), and the Russian is almost ten times up to 63 thousand tons (600 tons).

From all other suppliers, including the EU, US and Argentina, shipments have increased only Canada (+11% to 272 thousand tonnes), becoming the main supplier for the first five months of the season.

According to FAS USDA report, the sowing campaign in Morocco for harvest in 2018. much delayed amid shortages of productive rainfall in producing regions. In some areas, sowing was not completed until the end of December. According to official data, by mid-December supplies of water for use in the agricultural sector reached a low for the last six years. Market experts forecast the wheat harvest season in 2018/19 in the range of 3-5. 5 million tons, which may again lead to build up import wheat.

Photo: magro.ru



Translated by service "Yandex.Translation"
Источники: УкрАгроКонсалт
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