AreaSri Lanka

Commodity GroupRice

CommodityAll

Date15/07/2020

Policy CategoryProduction

Policy InstrumentGovernment procurement, support prices

DescriptionApproved the government purchase programme for the 2020 Yala crop. Under the drive, producers would receive a uniform certified price of LKR 50 per kg (USD 269 per tonne) of Samba or Nadu paddy sold to the Paddy Marketing Board. This compares with the LKR 41 and 43 per kg (USD 221–231 per tonne) respectively paid for Nadu and Samba paddy during the 2019 Yala purchase drive.

NotesExchange rate as of 15 October 2020.