AreaBolivia (Plurinational State of)

Commodity GroupOilseeds, oils and meals

CommoditySoymeal

Date01/02/2021

Policy CategoryConsumption and marketing

Policy InstrumentMarket regulation

DescriptionFollowing marked rises in international prices for soybeans and derived products, introduced a domestic price band for soymeal, with the aim of stabilizing domestic feed prices and securing supplies for local livestock producers. The measure complemented the reintroduction of export restrictions for soybean products in December 2020.

NotesBOLIVIA – market regulation: Against the backdrop of surging international prices for soybeans and derived products, in March, the Government introduced a price band for soymeal with a view to stabilize domestic feed prices and secure supplies for local livestock producers. The measures complement the re-introduction of export restrictions for soybean products implemented in December 2020.