Food Policy and Market Developments

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03/08/2017
The Government has further reduced import taxes on rice. The LKR 5 (USD 0.03) import tax set in January 2017 (FPMA Food Policies) was cut to LKR 0.25 (USD 0.002) [...]
01/08/2017
The Food Reserve Agency (FRA), the Government parastatal mandated to manage the national strategic stock and engage in market facilitation, recently announced the purchasing prices of selected food staples during [...]
14/07/2017
The Government announced that as of August it will stop providing subsidies to millers and bakeries that produce subsidized bread. Under the current system, the Government subsidizes flour and bread [...]
27/06/2017
On 26 June, the Government announced a ban on the exports of unprocessed food crops, including maize, the main staple. The measure aims to ease supply pressure and curb food [...]
21/06/2017
The Ministry of Agriculture and Farmers Welfare of India increased the Minimum Support Prices (MSP) for 2017 Kharif crops, now being planted and to be harvested from September onwards. The [...]
21/06/2017
The Government announced it will reduce import duties on rice to 10 percent from the current 25 percent. The measure aims to curb prices of rice, which reached record highs [...]
19/06/2017
The Government has halted maize imports on account of expectations of a bumper output this year; the issuance of import permits was restricted about four months ago and now maize [...]
15/06/2017
The Government of Jordan in early June announces increased purchasing prices for local wheat and barley. Prices were increased by more than 10 percent to JOD 500 (USD 354) per [...]
13/06/2017
The East African Community (EAC) has removed or reduced the Common External Tariff (CET) on some imported food products for Rwanda, in an effort to ease supply pressure and curb [...]
09/06/2017
The Government has recently confirmed a 10 percent tax on exports of white maize grain. The introduction of the export duty was first announced in January with the approval of [...]