Area
Bolivia (Plurinational State of)
Commodity Group
Oilseeds, oils and meals
Commodity
Soymeal
Date
01/02/2021
Policy Category
Consumption and marketing
Policy Instrument
Market regulation
Description
Following marked rises in international prices for soybeans and derived products, introduced a domestic price band for soymeal, with the aim of stabilizing domestic feed prices and securing supplies for local livestock producers. The measure complemented the reintroduction of export restrictions for soybean products in December 2020.
Notes
BOLIVIA market regulation: Against the backdrop of surging international prices for soybeans and derived products, in March, the Government introduced a price band for soymeal with a view to stabilize domestic feed prices and secure supplies for local livestock producers. The measures complement the re-introduction of export restrictions for soybean products implemented in December 2020.
