Food Policy and Market Developments

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07/11/2016
Egypt, the world’s largest wheat importer, set the wheat procurement price for next year's harvest at EGP 450 per ardeb (150 kilos), 7 percent higher than in the past years [...]
04/11/2016
The Agricultural Development and Marketing Corporation (ADMARC), a government parastatal that procures and sells grain, started selling maize on 24 October 2016 at a subsidised price of MWK 250 (USD [...]
03/11/2016
The Rice Policy and Management Committee set the pledging price of the 2016/17 main season rice crop at THB 13 000 (USD 371) per tonne. The Bank of Agriculture and [...]
28/10/2016
As of mid-October, the Viet Nam Food Association (VFA) lowered the minimum export price for 25% broken rice by nearly 6 percent. The new minimum price has been set at [...]
25/10/2016
In mid-October, the Government revoked all maize export permits except for humanitarian purposes. The measure aims to ensure that the country has sufficient domestic supplies to meet national needs and [...]
25/10/2016
The Government announced it will keep the 2017 minimum support price for wheat at CNY 2 360 (USD 349) per tonne, the same level as in the past three years. [...]
25/10/2016
The Government of China halted auctions of maize from state reserves, a normal practice during the harvest, which is currently ongoing. Auctions were suspended last week and will resume after [...]
21/10/2016
In September, the Government reversed its earlier implementation of an import ban on South African maize meal products, which was imposed in May to protect local producers from lower-priced imports. [...]
19/10/2016
The Government implemented a number of measures to prevent rice prices from falling ahead of the main season harvest in November. Apart from temporarily suspending the release of rice from [...]
17/10/2016
The Association of Master Bakers and Caterers of Nigeria, AMBCON, an independent umbrella body for baking professionals, announced that the price of bread, biscuits and other related products would be [...]