AreaColombia

Commodity GroupRice

CommodityAll

Date04/09/2015

Policy CategoryProduction

Policy InstrumentSupport prices, warehouse receipts program

DescriptionDecided to implement the storage incentive programme for second semester crops. The programme will run from 4 September to 30 December 2015 and cover up to 350 000 tonnes of paddy during the period. Reference paddy prices paid to producers under the scheme will range between COP 125 000-154 000 per 125 kgs (USD 327-402 per tonne) depending on the producing regions.

NotesExchange rate as of 15 September 2015.