AreaVenezuela (Bolivarian Republic of)

Commodity GroupRice

CommodityAll

Date27/10/2015

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionApproved a subsidy of VEF 10.4 per kilo for paddy gathered in the first half of 2015. For farmers collecting crops between 1 July and 18 September 2015, a VEF 19.19 per kilo will instead apply, while VEF 11.0 will extended to producers harvesting rice between 19 September and 31 December 2015. In all cases, outlays are to be provided on top of prices received by farmers for their produce.