Advertise with fastmoving.co.za
 
 

Morocco grain strong despite planting delay
Morocco grain strong despite planting delay

Morocco grain strong despite planting delay

FMCG SUPPLIER NEWS

Business Live - Jan 9th 2012, 08:01

The 2011/12 grain planting season in Morocco had a late start, with the first significant rainfalls arriving the week of October 24.  

Despite the delay of planting, agricultural experts remain hopeful for a good grain harvest.

An official estimates for the 2010/2011 grain production were revised slightly down, with soft wheat production at 4.17 million tonnes, durum wheat at 1.85 million tonnes and barley at 2.34 million tonnes.

The Moroccan government reached an agreement with the Bakeries Association to keep prices of subsidized bread unchanged and avoided a potential PR crisis before upcoming parliamentary elections.

Tenders to import wheat in October under the TRQs of the FTAs with the US and the EU were unsuccessful, due to importers' expectation that the government would suspend wheat import duties that took place on November 15."

Attached reports are not official USDA data. 

Read more about: imports | tenders | bread | agriculture | soft wheat | grain | morocco

Related News

Tongaat full-year earnings up 15%
24/05/2013 - 10:59
Johannesburg - Tongaat Hulett [JSE:TON] reported a 15% rise in full-year earnings on Friday as sugar production rose and said it expected further growth in the year ahead.

Kenya sees 6% economy growth
23/05/2013 - 14:26
Nairobi - Kenya's economy is expected to expand by about 6% in 2013, up from a growth rate of 4.6% last year, driven by a pick-up in sectors like agriculture, the planning minister said on Thursday.

Germany narrowly scrapes by recession
16/05/2013 - 10:04
Frankfurt -The German economy, Europe's biggest, got off to an unexpectedly weak start to the year, as it battled freezing winter weather, sagging exports and weak investment, official data showed on Wednesday.

Namibia: Give poultry industry protection
13/05/2013 - 11:18
A Namibia Trade Forum official has defended proposed government plans to grant interim protection to the local broiler industry against cheap imports.

Astral Foods diluted earnings plunge
13/05/2013 - 10:20
Johannesburg - Poultry producer Astral Foods [JSE:ARL] on Monday reported a 82% plunge in diluted headline earnings per share to 94 cents in the six months ended March 2013 as operating profit slumped by 80% despite a 5% rise in revenue to R4.234bn. No interim divided was declared.