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Commodity policy developments

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Policy Category
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Area
Commodity Group
Commodity
Date
Policy Category
Policy Instrument
Description
China (Mainland)
Grains
Maize and Wheat
2021.05
Consumption and marketing
Government market intervention
Launched an Action Plan to reform commodity price review and control mechanisms. The plan aims [...]
Zimbabwe
Grains
Maize
2021.05
Trade
Import ban
Banned maize imports with immediate effect, suspending import licences for maize grain, maize meal and [...]
India
Grains
Wheat
2021.05
Production
Subsidies support
Increased its subsidy for di-ammonium phosphate from INR 500 (USD 6.8) to INR 1 200 [...]
Turkey
Grains
Barley and Wheat
2021.05
Consumption and marketing
Procurement price
Announced an increase of 36 percent for the wheat minimum purchase price at TRY 2 [...]
India
Grains
Wheat
2021.05
Consumption and marketing
Government market intervention
Extended the deadline for wheat procurement by more 15 days so that a maximum number [...]
India
Grains
Wheat
2021.05
Consumption and marketing
Government procurement
Set the auction of good-quality wheat procured in 2021-22 marketing season at INR 21 500 [...]
Russian Federation
Grains
Buckwheat
2021.05
Trade
Export ban
Adopted a decree to temporary ban buckwheat exports from 5 June to 31 August 2021, [...]
Pakistan
Grains
Wheat
2021.05
Trade
Import quota
Announced the import of 4 million tonnes of wheat to meet domestic consumption requirements – [...]
Venezuela (Bolivarian Republic of)
Grains
All
2021.05
Trade
Import policy
Extended the exemption of imports, customs and VAT for a number of commodities, including cereals [...]
Brazil
Grains
Maize and Sorghum
2021.04
Production
Production support
Approved a new credit and marketing support mechanism to encourage the expansion of maize and [...]

Disclaimer: The policy records included in the tool are based on publicly available information from both official and private sources. While efforts have been made to verify its content, FAO does not guarantee the full accuracy or comprehensiveness of the information and recommends to consult / refer to other FAO publications reporting policy developments, especially the Oilcrops Monthly Price and Policy Update, the Monthly News Report on Grains and the FAO Rice Market Monitor. The frequency of updates may differ across commodities.