Food Policy and Market Developments

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03/04/2020
Since late March, amid concerns over the COVID-19 pandemic, a number of countries in the CIS area have implemented new policy measures in an effort to ensure sufficient domestic supplies [...]
02/04/2020
On 25 March 2020, the Government of Viet Nam put a halt to the signing of new export contracts pending assurance of domestic supplies during the COVID-19 pandemic. The decision [...]
01/04/2020
On 25 March, the Secretariat of Agriculture and Rural Development announced the guaranteed price of white maize for medium-scale farms (with land up to 50 hectares and a production volume [...]
13/03/2020
On 12 March, the Economic Coordination Committee (ECC) fixed the minimum support price of wheat, which was increased, in line with recommendations of the Wheat Review Committee, to PKR 1 [...]
12/03/2020
On 4 March, the Government announced further adjustments to the export tax regime through Decree 230/2020, after a revision already implemented in December 2019 (FPMA Food Policies), which saw export [...]
09/03/2020
On 28 February, the Government raised the Minimum Purchasing Price (MPP) for early Indica rice from last year’s price of CNY 2 400 per tonne to CNY 2420 per tonne [...]
02/03/2020
On 17 February, the Government published the new minimum guarantee prices for all wheat grain varieties and wheat seeds for the 2020/21 (July/June) agricultural season. Prices were increased by 6.95 [...]
17/02/2020
Prices of the key food staple, maize meal, continued to generally increase in December and were at exceptionally high levels. The elevated prices mostly result from sustained currency weakness and [...]
14/02/2020
Procurement of the 2020 main “Maha” paddy rice crop has recently commenced. The Government set the minimum guaranteed price at LKR 50 per kg (USD 276 per tonne) for rice [...]
13/02/2020
Consumer prices rose by 14.6 percent year on year in January, the highest annual rate since December 2010. The high inflation rate was mainly driven by the significant increases in [...]