AreaMexico

Commodity GroupRice

CommodityAll

Date23/11/2022

Policy CategoryProduction

Policy InstrumentProduction support, support prices

DescriptionRaised prices offered under the Guaranteed Prices for Basic Foodstuffs Programme (Programa precios de garantía a productos alimentarios básicos) by 8.4 percent. Accordingly, for the 2021/22 autumn-winter cycle, guaranteed prices were set at MXN 7 913 (USD 449) per tonne for smallholders cultivating up to eight hectares, while for other rice producers they were set at MXN 7 328 (USD 416 per tonne).

NotesExchange rate as of 15 May 2023.