Food Policy and Market Developments

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14/10/2016
The National Development and Reform Commission (NDRC) announced the 2017 low-tariff rate import quotas for wheat, maize and rice. The quota for wheat has been set at 9.6 million tonnes, [...]
13/10/2016
In early October, the Government authorized the importation of 63 000 tonnes of paddy free of tariffs, to be shipped from January 2017. The measure follows the issuance of a [...]
12/10/2016
The Government prolonged the duty exemption on maize shipments from non-Mercosur countries until 31 December this year. The duty had already been removed in late April for a period of [...]
10/10/2016
The National Food Supply Agency (CONAB) of Brazil offered 14 900 tonnes of rice paddy for sale through two auctions on October 7. This follows a previous release in late [...]
03/10/2016
The Government launched a new social safety net scheme in mid-September, titled “Food-Friendly Programme for the Ultra-Poor”, targeting some 5 million poor families across the country. The scheme aims to [...]
26/09/2016
The Government, on 23 September, cut import taxes on wheat, potatoes and palm oil. The wheat import tax was reduced from 25 percent, effective since October 2015 (FPMA Food Policies), [...]
23/09/2016
The Government of the Russian Federation announced the removal of the wheat export duty on 23 September, as announced in late August (FPMA Food Policies). The duty was first introduced [...]
23/09/2016
Egypt, the world's largest buyer of wheat, lifted the import ban on wheat containing ergot, a common grain fungus, on 21 September, and returned to the international standard of allowing [...]
23/09/2016
The Food Contract Corporation, the national body managing the state grain reserves, announced the new procurement prices for 2016 grains on 8 September. The Corporation has announced different purchase price [...]
22/09/2016
The Government approved a special loan package of USD 27 million to rice millers to buy rice paddy from farmers. The total includes USD 20 million from the government’s budget [...]