AreaDominican Republic

Commodity GroupRice

CommodityAll

Date01/01/2012

Policy CategoryProduction

Policy InstrumentSupport prices, warehouse receipts

DescriptionSet producer price floor of US$319–414 (pesos 1 850-–1 950) per tonne, and a ceiling of US$425–446 per tonne (pesos 2 000–-2 100) to apply for 120 kilos of prosequia 4/5 and common varieties, respectively. Approved coverage of 100 000 tonnes of 2011 winter paddy under the national warehouse receipts programme.