Area
Mexico
Commodity Group
Oilseeds, oils and meals
Commodity
Selected agricultural commodities
Date
01/04/2020
Policy Category
Production
Policy Instrument
Production support measures
Description
Announced significant cuts in public support to agriculture, notably regarding support measures directed to large commercial growers.
Notes
MEXICO agricultural support: Mexicos Federal Expenditure Budget for 2020 includes significant cuts in support to agriculture. In particular, the support programmes for large commercial growers notably the Target Income and Forward Contract programmes have been replaced by schemes excluding elements of public subsidy elements. On the other hand, support programme earmarked for small and medium producers of selected row crops (including oilseeds) remained in place, with direct payments rates remaining unchanged compared to 2019.
