Food Policy and Market Developments

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18/04/2018
On 6 April, the Government reduced the import tariff on wheat from ZAR 716.3 (USD 59.3) per tonne, in place since mid-December 2017, to ZAR 394.9 (USD 32.7). The 45 [...]
16/04/2018
On 11 April, the Ministry of Supply and Internal Trading (MSIT) announced the new procurement prices for the 2018 wheat crop, to be harvested from mid-April. Prices range from USD [...]
02/04/2018
The Ministry of Agriculture approved new prices for the purchasing interventions of the 2018 grain crop. The price of soft food quality wheat Class 1 was set at RUB 10 [...]
27/03/2018
On 20 March, the Pakistani rupee (PKR) depreciated sharply against the US dollar (USD) closing down PKR 5 at PKR 115 per USD 1 in the interbank market, after the [...]
26/03/2018
The state-run Grain Board of Iraq, under the Ministry of Trade, has recently announced the purchasing prices for the 2018 wheat crop. The price is of IQD 560 000 (as [...]
23/03/2018
In early March, the Myanmar Rice Federation (MRF) introduced for the first time a basic floor price for rice, excluding high-grade varieties. The price for the 2018 low-quality paddy rice [...]
09/03/2018
The Government launched the country-wide Open Market Sale (OMS) of rice on Sunday, 4 March. OMS is a public food distribution programme, which sells rice and wheat at subsidized prices. [...]
12/02/2018
In early February, the Government reintroduced a ban on maize exports, which was lifted in late October following the bumper crop in 2017 (FPMA Food Policies). The re-implementation of the [...]
12/02/2018
The National Development and Reform Commission set the minimum procurement prices for 2018 paddy crops at levels below those in 2017 (FPMA Food Policies).The price for early Indica paddy was [...]
09/02/2018
On 21 January, the Central Bank of Sudan (CBS) devaluated the official exchange rate of the Sudanese Pound (SDG) against the US dollar from SDG 6.67 to SDG 18. The [...]