02.
10.18
12:25

Morocco relies on 1.11. Customs duties on common wheat imports

To ensure that imports are not hindered, Morocco will suspend its import duties on common wheat with effect from 1 November. This was announced today by the local Ministry of Agriculture.
To protect the marketing of their own harvest 135% import duty had been charged. This regulation is valid until 31st October.
This measure will follow in one year with an exceptionally high grain crop in North Africa. Morocco had harvested 10.3 million tonnes of cereals, including 4.91 million tonnes of common wheat, 2.42 million tonnes of durum wheat and 2.92 million tonnes of durum.
According to a statement from the ministry, the suspension of import tariffs should ensure regular market supply in one year with an internationally weak crop.
The Cabinet of the Government in Marrakech still has to agree to this proposal. The mill had incentivized the mill companies in the country to use local produce. This should keep imports in the period from mid-May to late October low.
Morocco's millers have wheat reserves for 4.3 months, according to the ministry. A steady supply of wheat is a prerequisite for supplying the 35 million Moroccans with staple foods such as bread and semolina.

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