Morocco Extends Wheat Import Subsidies Until Year-End Amid Drought

The previous subsidy program was set to run until the end of April, but its extension through the rest of the year underscores concerns about domestic wheat production.

Rabat: Morocco has decided to extend its subsidy program for soft wheat imports until December 31, reflecting the country’s continued dependence on foreign supplies due to ongoing drought conditions. The decision was announced by the state grains agency, ONICL, on Monday.

In a statement published on its website, ONICL cited a joint decision by Morocco’s finance and agriculture ministries, confirming that the new round of subsidies for wheat importers will cover the period from May 1 to December 31. Further details regarding the implementation of the subsidies are expected to be released in due course.

The previous subsidy program was set to run until the end of April, but its extension through the rest of the year underscores concerns about domestic wheat production. The move suggests that Morocco’s upcoming harvest may be insufficient to meet demand, continuing a trend where the country has relied on imports to stabilize food supplies. In years with strong crop yields, Morocco has historically restricted wheat imports to protect local producers.

Also Read | Judge: Venezuelans deported under Trump had fewer rights than Nazis

Persistent drought over the past two years has significantly impacted agricultural output. In 2024, Morocco’s total production of soft wheat, durum wheat, and barley reached just 3.1 million tons—marking a steep 43% decline compared to the previous year. This shortfall has made the country a key destination for wheat exports from the European Union and, increasingly, Russia.

Also Read | EU Bars Spain from Paying Renewable Subsidies Compensation

Additionally, ONICL confirmed that authorities will provide subsidies to importers holding soft wheat stocks between April 1 and December 31, ensuring stable supply amid fluctuating global grain markets.

Recent News

Ukraine Rejects Russian Claims of Prisoner Swap Delay Amid Kharkiv Bombardment

Kyiv: Ukraine firmly denied Russian accusations on Saturday that it had indefinitely postponed planned prisoner exchanges, calling the claims part of a “dirty game”...

Rachel Reeves Commits £86 Billion to Drive Innovation and Growth

London: British finance minister Rachel Reeves is set to unveil a sweeping allocation of £86 billion ($116 billion) towards research and development (R&D) in...

Trump Sends 2,000 Guardsmen to LA Amid ICE Demonstrations

Los Angeles: President Donald Trump’s administration announced the deployment of 2,000 National Guard troops to Los Angeles on Saturday, as federal agents clashed with...

Ukraine Claims It Shot Down Russian Su-35 Fighter Jet Amid Ongoing Aerial Clashes

Kyiv: Ukraine’s armed forces announced on Saturday that they successfully downed a Russian Su-35 fighter jet during an aerial operation, marking a fresh blow...