AreaTaiwan Province of China

Commodity GroupRice

CommodityAll

Date07/06/2016

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionAnnounced that it would implement a pilot project in six townships in order to encourage environment-friendly, high-quality rice production. Under the initiative, qualified farmers would receive a direct payment of NTD 10 000 (USD 319) per hectare, as an alternative to the prices guaranteed under the state\'s purchasing programmes. The outlay would be issued for the second crop of 2016, to farmers possessing a land lease contract or other farming arrangements and who have cultivated the second crop in the preceding three years.

NotesExchange rate as of 1 October 2016.