AreaDominican Republic
Commodity GroupRice
CommodityAll
Date01/01/2012
Policy CategoryProduction
Policy InstrumentSupport prices, warehouse receipts
DescriptionSet producer price floor of US$319414 (pesos 1 850-1 950) per tonne, and a ceiling of US$425446 per tonne (pesos 2 000-2 100) to apply for 120 kilos of prosequia 4/5 and common varieties, respectively. Approved coverage of 100 000 tonnes of 2011 winter paddy under the national warehouse receipts programme.