Morocco: Grain and Feed Update
The Government of Morocco released its initial wheat and barley production forecast for the 2017 crop (4.94 MMT of common wheat, 2.33 MMT of durum wheat, and 2.89 MMT of barley), both of which remain higher than Post and official USDA estimates. As expected, Morocco reduced its quota for subsidized wheat flour production, renewed its price and storage support programs, and increased its customs duty for common and durum wheat immediately ahead of the harvest to protect local producers.