Morocco Agribusiness Q1 2019
Grains, dairy and beef production were hit hard by the severe drought that afflicted the country in 2016, with the poultrysector having to face a series of avian disease concerns. However, we see output remaining relatively steady in the 2018/19 seasonfor wheat and barley. All areas of Morocco's agriculture sector is set to enjoy moderate to strong growth to the end of our forecastperiod, although the weather will remain a key factor in determining the prospects of the sector. Our optimism is bolstered by thegovernment-initiated Green Morocco Plan, which is likely to see increased investment in an effort to reduce the industry's weather-related production risks out to 2022.
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