Food Policy and Market Developments

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22/09/2017
On 5 September, the Central Bank of Uzbekistan implemented a free-floating exchange rate regime, removing the peg of the local currency (som) against the US dollar, which resulted in an [...]
15/09/2017
The Government announced the launch of the country-wide Open Market Sale (OMS) of rice from next week. OMS is a public food distribution programme, which sells rice and wheat at [...]
11/09/2017
On 8 September, the Government further reduced (FPMA Food Policies) the wheat import tariff by 60 percent to ZAR 379.34 (USD 28.74) per tonne. Tariff adjustments are implemented when the [...]
04/09/2017
On 31 August, the European Commission announced an increase in the import duty for maize from EUR 5.16 (USD 6.13) per tonne, set early in the month (FPMA Food Policies), [...]
31/08/2017
The Food Contract Corporation, the national body managing the state grain reserves, announced the procurement prices for the 2017 grains. Purchasing prices for wheat fall under selected ranges according to [...]
30/08/2017
The Government announced the temporarily removal of the Maximum Retail Price (MRP) on imported and local rice set last February (FPMA Food Policies). The measure follows cuts on import taxes [...]
30/08/2017
The Government announced a price ceiling for rice will come into force from 1 September. The maximum retail price (MRP) for medium quality rice is set at IDR 9 450 [...]
28/08/2017
The Government issued the Executive Order No. 87; effective as of August 22, which extends Executive Order No. 80 of August 2016 on the suspension of the import tariff on [...]
21/08/2017
The Government announced it will reduce further import duties on rice to 2 percent from the previous 10 percent, which was set in June, down from 25 percent (FPMA Food [...]
09/08/2017
The European Union (EU) has reinstated an import duty on maize, which was zero since November 2014. The decision was triggered by low prices in the international market amid ample [...]