AreaColombia

Commodity GroupRice

CommodityAll

Date25/01/2019

Policy CategoryProduction

Policy InstrumentProduction support, production adjustment programme

DescriptionApproved a rice production organization plan (Plan de ordenamiento productivo para el arroz), with the aim of assisting the sector in coping with oversupply and marketing problems by planning plantings and keeping area under paddy at a maximum of 478 000 ha in 2019. Producers participating in the initiative would be eligible for three special credit lines to help them cover the costs of planting, machinery, infrastructure and productivity improvements. Further interventions envisaged by the plan include technical assistance, debt relief measures, and the continuation of marketing assistance outlays.