AreaColombia

Commodity GroupRice

CommodityAll

Date09/06/2017

Policy CategoryProduction

Policy InstrumentWarehouse receipts programme, marketing assistance

DescriptionAnnounced that it would offer a COP 28 890 (USD 9.5) per tonne assistance to cover monthly storage costs of up to 284 855 tonnes of paddy harvested during the second semester of 2016. The scheme would run from 9 June 2017 to 30 June 2017. In addition, COP 20 000 (USD 6.6) per tonne would be offered to aid rice producers market some 30 000 tonnes.

NotesExchange rate as of 1 July 2017.