THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY
Date: GAIN Report Number:
Approved By:
Prepared By:
Report Highlights:
Post maintains its earlier wheat and barley forecasts for 2017/18. Customs duties on wheat are expected to remain at current levels through the end of 2017.
Mohamed Fardaoussi Morgan Haas
Common Wheat Imports Likely to Remain Closed until 2018
Grain and Feed Update
Morocco
Post:
Wheat
Post holds its earlier 2017/18 forecasts for production based on earlier reported official reports and imports from the United States based on historical minimum demand. Based on current stock levels, Post expects no changes to Morocco’s current customs duties for common wheat or durum wheat through December 31, 2017.
Post increases MY and TY trade estimates in 2016/17, based on Morocco’s official trade figures which are currently available through June. Post maintains its earlier MY 2015/16 estimates, which continue
to reflect Morocco’s official trade figures.
Wheat 2015/2016 2016/2017 2017/2018
Barley
Post maintains its forecasts for 2017/18 and estimates for 2016/17. Post also maintains its earlier import
estimate for TY 2015/16 based on Morocco’s official trade figures.
Barley 2015/2016 2016/2017 2017/2018
Market Begin
* MY used for barley July-Jun