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Commodity policy developments

Area
Commodity
Policy Category
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Area
Commodity Group
Commodity
Date
Policy Category
Policy Instrument
Description
China (Mainland)
Rice
All
2017.06
Stocks
Stock release
Sold 773 392 tonnes of paddy from state reserves on 23 June 2017, through a [...]
Sri Lanka
Rice
All
2017.06
Trade
Import quota
Announced that the government would import 100 000 tonnes of rice shortly, in order to [...]
India
Grains
Maize
2017.06
Consumption and marketing
Procurement price
Increased the minimum support price for maize by 4.4 percent from INR 13 650 (USD [...]
China (Mainland)
Rice
All
2017.06
Stocks
Stock release
Found buyers for 122 110 tonnes of paddy from state reserves, after offering 2.66 million [...]
Iraq
Rice
All
2017.06
Trade
Import agreement
Extended a Memorandum of Understanding (MOU) on the purchase of rice from the United States [...]
Bangladesh
Rice
All
2017.06
Trade
Import tariff
Reduced customs duties on imported husked, semi/wholly milled and broken rice to 10 percent, down [...]
China (Mainland)
Grains
Maize
2017.06
Production
Production subsidies
Announced it will spend CNY 2.56 billion (USD 374.95 million) to subsidize farmers to rotate [...]
Bangladesh
Rice
All
2017.06
Trade
Import tender
Opened an international tender for 50 000 tonnes of non-Basmati parboiled rice, for delivery within [...]
Japan
Grains
Wheat
2017.06
Consumption and marketing
Government market intervention
Extended its Simultaneous Buy-and-Sell (SBS) import scheme to cover all wheat classes as of October [...]
Bangladesh
Rice
All
2017.06
Trade
Finance and credit facilities
Instructed banks to issue Letters of Credit (LC) to rice importers at a zero margin. [...]

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.