
King Mohammed VI Urges Crackdown on Price Manipulation in Morocco
In his speech addressed to the Moroccans on the occasion of the Throne Feast , King Mohammed VI called for an effective fight against speculation and price manipulation.

In his speech addressed to the Moroccans on the occasion of the Throne Feast , King Mohammed VI called for an effective fight against speculation and price manipulation.

Morocco wants to improve the use of fertilizer in agricultural production in Africa. In this sense, the Office Chérifien des Phosphates (OCP) has decided to make a significant quantity of fertilizer available to many countries in order to support agricultural performance.

The Israeli company Fruitspec, specialized in the agri-food industry, is setting up shop in Morocco. It is thus arriving with its highly accurate system for estimating fruit tree yields.

The prices of vegetables and fruits have seen an increase in almost all markets in Morocco, like other food commodities. How to explain such an increase?

Morocco, through the OCP group, has made a major donation of DAP fertilizers to Rwanda, to help increase its agricultural productivity at a time when fertilizer costs are high.

American almonds are in high demand to the point of dominating the local market to the detriment of Moroccan almonds. As a result, Morocco is struggling to sell its product, which is better than the imported one.

The Moroccan melon was sold more expensively than the Spanish one on the European market in 2020, according to data from Faostat, the statistical agency of the United Nations Food and Agriculture Organization (FAO) and the Euroestacom (Icex-Eurostat) statistical service.

Morocco could benefit from the crisis in the agricultural sector in Spain, particularly the cultivation of red fruits . Spanish producers threaten to abandon this crop, citing the national application of sanitary or phytosanitary measures.

Like several countries around the world, Morocco is also suffering from the rise in food prices caused by the war between Russia and Ukraine. At the end of May, the country spent 15.8 billion dirhams on its cereal supply compared to 10.7 billion dirhams a year earlier.

More than 5,000 seasonal workers are stuck in Huelva since the end of the strawberry picking campaign. They cannot find available places on the ferries to Morocco which are full of Moroccans Residing Abroad (MREs) as part of the Marhaba Operation.

Morocco has definitively conquered the Spanish watermelon market. Two out of three watermelons consumed in Spain come from the kingdom.

Bad news for consumers. The price of bread could rise soon in Morocco , due to instability in the domestic market.