North Africa expected to be world’s top wheat buyer

North Africa expected to be world’s top wheat buyer – World-Grain.com, 10 June 2020

RABAT, MOROCCO – Faced with one of the worst droughts in four decades, North Africa is expected to be the world’s top buyer of wheat, Bloomberg reported.

The region’s wheat purchases are expected to increase 7.4% to a record 29.7 million tonnes in the crop year that starts in July, according to US Department of Agriculture forecasts. That level of demand would be higher than the Middle East and Southeast Asia for the first time in three seasons, Bloomberg said. Read more…