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EU agri-food exports remain stable unless wheat

EU agri-food exports remain stable unless wheat | CIHEAM Press Review | Scoop.it

By the DG AGRI of the European Commission, 26/10/2018

The year on year performance of EU agri-food exports remains remarkably stable with the September 2017 - August 2018 period representing a 0.1% change on the previous 12 months. This was due to a slight decline during August 2018 with exports dropping to €11.3 billion (a decrease of 2%), with imports also falling slightly to €9.1 billion (a drop of 0.6%). These are the main findings from the latest monthly trade report (476.1 KB - PDF) published by the European Commission.

Exports of cereals (other than wheat and rice) have experienced a significant rise (of €51 million) with pasta and bread (a rise of €32 million) also performing strongly. However, wheat has  experienced a significant decrease, down €62 million and €47 million respectively.

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Morocco to suspend soft wheat customs duty on Nov. 1

Morocco to suspend soft wheat customs duty on Nov. 1 | CIHEAM Press Review | Scoop.it
Morocco will cancel customs duty on soft wheat on November 1 to ensure regular supply, the agriculture ministry said on Tuesday. To protect the local harvest, Morocco imposed a 135 percent customs duty which will last until October 31.

The move followed an exceptional cereals output this year of 10.3 million tonnes, including of 4.91 million tonnes of soft wheat, 2.42 million tonnes of hard wheat and 2.92 of durum. The duty cancellation would ensure regular supply "in light of the slow pace of the collection of national output", the agriculture and fisheries ministry said in a statement. It gave no details. The decision, which will enter into force after the approval of the government council, will enable importers to better plan reserves, it said.

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