Food Policy and Market Developments

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13/04/2017
On 1 April, the Government reduced the import tax on wheat flour from 11 percent to 5 percent. Import duties were already revised downwards in 2014 from 15 percent, a [...]
10/04/2017
On 30 March, the Government approved duty-free paddy rice imports, eliminating the 75 percent (or USD 345 per tonne) import duty on paddy and husked rice, applicable under the Common [...]
03/04/2017
On 31 March, the Government announced the reduction of the wheat import tariff by 25 percent to ZAR 1190.19 (USD 91.59) per tonne. Tariff adjustments are implemented when the benchmark [...]
31/03/2017
The Government removed import duties on maize and exempted bread and maize flour from value added tax for the next four months. Maize imports from countries that are not members [...]
28/03/2017
The Government reimposed the 10 percent tax on wheat imports, which was removed in early December last year (FPMA Food Policies). Large import volumes in the past few months and [...]
27/03/2017
The Government temporarily lifted a ban on wheat imports, which was in place since late 2015 to protect producers from cheaper imports. The reversal of the ban is intended to [...]
21/03/2017
The Government has recently suspended duty-free wheat imports from the Russian Federation, by not including it in the list of countries that can deliver commodities free of duties effective from [...]
21/03/2017
In early March, the Government announced import permits for up to 150 000 tonnes of rice at zero duty from any origin. The country's import tariff is set at 20 [...]
20/03/2017
On 8 March, the Government announced the new procurement prices for the 2017 wheat crop. Prices range from USD 210.2 to USD 217.8 per tonne (EGP 555 – 575 per [...]
14/03/2017
In mid-February, the Government of Thailand resumed the release of rice stocks, which were suspended in September last year in an effort to prevent price falls (FPMA Food Policies). A [...]