AreaMongolia

Commodity GroupGrains

CommodityWheat

Date01/02/2017

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionAgreed to provide financial incentives to wheat farmers selling their wheat to national flour milling companies or for state reserve, in order to boost wheat production. The financial incentive will be MNT 55 000 (USD 531.3) per tonne for first-class wheat, and MNT 50 000 (USD 483) per tonne for second- to fourth-quality wheat.