Morocco's overall wheat and barley plantings are up by about 11 percent with production expected to increase by 69 percent compared with last year. Wheat imports are forecast to drop as a result, and the government has raised the wheat import tariff to 75 percent.
Regional Updates Mediterranean/Middle East Comments According to the latest USDA/FAS report on Morocco, overall wheat and barley plantings are up by about 11 percent. Production is expected to increase by 69 percent from last year's very low total of 11.5 MMT, which included 5.6 MMT of wheat, 2.4 MMT of durum and 3.5 MMT of barley. As a result of the good crop year, wheat imports are forecast to drop by about 20 percent to 2.8 MMT. The Moroccan government has recently...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
