摩洛哥粮食进口压力增大

Core Viewpoint - The USDA's World Agricultural Supply and Demand Estimates report indicates that global wheat stocks may drop to 256.2 million tons in the 2025/2026 season, the lowest in nearly a decade, primarily due to poor harvests in major producing regions like Europe, Russia, and Ukraine [1] Group 1: Global Wheat Supply and Demand - Global wheat production is projected at 789.8 million tons, while consumption is expected to reach 801.6 million tons, leading to an expanding supply-demand gap that exerts significant pressure on international wheat prices [1] - The tightening global market poses challenges for food security in Morocco, where wheat accounts for over half of its grain consumption and 50% of wheat is imported [1] Group 2: Impact on Morocco - The USDA forecasts that Morocco's wheat imports may reach 7.5 million tons in the 2025/2026 season, an increase from the previous season, due to rising wheat prices [1] - In the short term, diversifying import sources from Europe, the Black Sea region, and North America has become crucial for Morocco [1] - In the long term, Morocco needs to accelerate agricultural reforms, including modernizing grain production, expanding irrigation infrastructure investment, and implementing crop diversification to reduce structural dependence on international markets [1]