Area
Mexico
Commodity Group
Grains
Commodity
Maize and Sorghum
Date
03/04/2018
Policy Category
Consumption and marketing
Policy Instrument
Government market intervention
Description
Set new temporary incentive programmes to encourage consumption of domestic maize and sorghum, due to oversupply in key regions, storage problems and a decline in international prices. A MXN 240 (USD 13.23) per tonne incentive for up to 500 000 tonnes of maize used in Guanajuato, Jalisco and Michoacan for human and starch consumptions. A MXN 300 (USD 16.6) per tonne incentive for up to 110 000 tonnes of maize to be consumed by the livestock sector. A MXN 200 (USD 11) per tonne for up to 54 000 tonnes of yellow maize to be sold by Chiapas farmers. A MXN 250 (USD 13.8) for up to 12 500 tonnes of sorghum to be sold by Oaxaca farmers.
