Food Policy and Market Developments

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18/02/2019
The Government announced the new maximum retail prices (MRP) for rice, which will become effective on 1 April 2019. The price of Nadu rice has been set at LKR 80 [...]
12/02/2019
The Government allocated LKR 5 billion (USD 28 million) to purchase paddy from the 2019 main Maha crop, about to be harvested and expected at a bumper level, well above [...]
16/01/2019
On 12 January, the Government of Zimbabwe announced a sharp increase in fuel prices, which became effective on 13 January. The prices of diesel and gasoline more than doubled to [...]
11/01/2019
On 10 January, the Government ordered the National Cereals and Produce Board (NCPB) to purchase 2 million 90-kg bags from farmers at a price of KES 2 500 (USD 24.39) [...]
11/01/2019
On 27 December, the government announced it will maintain the suspension on import duties for soft wheat, first introduced in mid-October (FPMA Food Policies), for an additional four months until [...]
20/12/2018
On 11 December, the Cabinet Committee on Industrial and Economic Development approved a 26 percent increase in the procurement price for the 2018 wheat crop, now pegged at USD 630 [...]
28/11/2018
On 22 November, the Government set a 5 percent subsidy on non-basmati rice exports under the Merchandise Exports from India Scheme (MEIS) of the Ministry of Commerce. The measure became [...]
22/11/2018
In early November, the Government announced the new purchasing prices for the 2019 wheat crop, which was set at TMT 800 (USD 222) per tonne. The price was increased by [...]
16/11/2018
On 16 November, the Government announced a further cut to the purchasing price of wheat after a reduction which was implemented last year (FPMA Food Policies). The price for the [...]
14/11/2018
On 5 November, the Government, through the Strategic Food Reserve (SFR), announced the new purchasing price of maize, which was set at KES 2 300 (USD 22.26) for a 90 [...]