AreaMexico

Commodity GroupGrains

CommodityMaize, Wheat and Sorghum

Date18/07/2018

Policy CategoryConsumption and marketing

Policy InstrumentGovernment support

DescriptionIntroduced a new income support scheme of MXN 2 billion (USD 186 million) in the face of declining prices faced by grain and oilseed producers. The programme is estimated to cover about 11 million tonnes of maize, sorghum, wheat and soybeans, and is open to producers in selected states or regions that are registered with the Forward Contract Programme.