Bloomberg News

Morocco May Boost Grain Imports on Dry Weather, Le Matin Reports

March 05, 2012

Morocco may be required to boost grain imports this year on rising demand and as the country faces a dry agricultural season, newspaper Le Matin reported, without saying where it got the information.

Grain imports from the start of June to the end of January were more than 3 million metric tons, of which 45 percent was soft wheat and 39 percent was corn, the Casablanca-based newspaper wrote, citing data from Morocco’s state grain buyer Office National Interprofessionnel des Cereales et des Legumineuses.

Morocco has soft-wheat stocks of more than 1.5 million tons, enough to cover close to four months of demand from the milling industry, according to Le Matin.

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net.

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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