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Morocco plans to import 2 million tons of soft wheat to cushion the challenges faced by acute drought conditions faced by the Northern African country.
Morocco’s National Interprofessional Office for Cereals and Legumes ((ONICL) announced the news. Morocco will offer subsidies to import the soft wheat for the period between October 1 to December 31. It is reported that Morocco’s Finance and Agriculture Ministries approved the import scheme, but the subsidy details will be published later.
The 2021-22 season was the worst for the North African country. The production reached 34 million quintals only compared to the 2020-21 season, whose production accounted for over 100 million quintals. Last year’s production registered a decrease of 67% compared to the previous year.
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To address the situation, Morocco has announced changes to its wheat import subsidies to encourage companies to bring more wheat pouches from other markets. The reopening of doors for imports from Russia will contribute to boosting Morocco’s position by diversifying its sources in terms of wheat imports. Morocco had to exit the Russian market following the start of the war in Ukraine. As recently as in September, Russian officials said that Russia is ready to supply the North African country with wheat at reasonable prices. Moroccan imports from Russia include coal and petroleum products, while Russia’s imports cover citrus fruits and fish.
