AreaColombia

Commodity GroupRice

CommodityAll

Date13/09/2019

Policy CategoryProduction

Policy InstrumentSupport prices, warehouse receipts program

DescriptionAllocated an additional COP 9.5 billion (USD 2.8 million) to implement the storage incentive programme for 2019 second-semester crops in the departments of Arauca, Meta, Casanare, Vichada, Guaviare and the Paratebueno municipality of Cundinamarca. The additional funds would go to increase volumes covered under the scheme to a total of 235 631 tonnes of dry paddy (or its equivalent).

NotesExchange rate as of 15 October 2019.