The Moroccan government maintained the halt on the import duty on soft wheat until yearend to prevent prices from soaring in the domestic market amid attempt by exporters to limit sales. Russia, the world’s top soft wheat exporter, limited sales through June to protect its own supply as the coronavirus crisis sparks food-security concerns around the world. This could affect Morocco which on average imports half of its soft wheat needs. According to the agriculture ministry, Morocco’s harvest this year of soft wheat will be limited to 1.6 million tons due to a shortage of rainfall. Stockpiles so far cover 4.5 months of the needs of the domestic market.

Source: The North Africa Journal May 08, 2020 03:33 UTC