AreaCuba

Commodity GroupRice

CommodityAll

Date29/05/2015

Policy CategoryProduction

Policy InstrumentProducer prices

DescriptionAs part of its efforts to boost domestic production and cut reliance on imports, established new retail prices for a wide set of agricultural inputs, tools and equipment, while also setting purchasing prices of various agricultural products. In the case of paddy, these were set at Pesos 190-250 per quintal (178-235 per tonne) and at Pesos 330-335 (USD 310-315 per tonne) for rice purchased by state entities, effective 1 June 2015.

NotesExchange rate as of 15 September 2015.