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Morocco launched its 2026/27 agricultural season with more than 4.9 million hectares allocated to cereals, forage and legumes. The government has prepared 1.3 million quintals of certified seed, subsidized seed costs by 50%, and made 500,000 tonnes of phosphate-based fertilizer available; it also set prices for soft wheat, durum wheat and barley seed.
Subsidized seed and fertilizer may encourage planting and support domestic cereal output, potentially easing local supply and prices if rainfall is adequate. Production remains uncertain after years of drought.
meridian.newsNov 9, 2026After 122 past bearish policy events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +1.2%), and +0.4% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
