Markets and Trade

Commodity policy developments

Area
Commodity
Policy Category
From month
From year
To month
To year

Area
Commodity Group
Commodity
Date
Policy Category
Policy Instrument
Description
India
Grains
Wheat
2024.03
Consumption and marketing
Government procurement
Approved a bonus payment of INR 125 per quintal (USD 15 per tonne) of wheat [...]
Brazil
Meat
All
2024.03
Trade
Trade agreement
Announced a “pre-listing” agreement with the Philippines, establishing equivalence in meat inspection systems. This measure [...]
China (Mainland)
Meat
All
2024.03
Trade
Market access
Approved import of meat from 38 additional Brazilian meat plants. These licenses included 8 export [...]
Bangladesh
Rice
All
2024.03
Production
Production support
Announced that it would destine BDT 641.5 million (USD 5.8 million) to support 940 000 [...]
Zimbabwe
Rice
All
2024.03
Trade
Import tariff, value added taxes
Announced that it would suspend the 15 percent value added tax (VAT) levied on rice [...]
Bangladesh
Oilseeds, oils and meals
Agricultural products
2024.03
Trade
Bilateral cooperation
Signed a memorandum of understanding with the Russian Federation to import essential food items including [...]
Russian Federation
Oilseeds, oils and meals
Agricultural products
2024.03
Trade
Bilateral cooperation
Signed a memorandum of understanding with Bangladesh to supply essential food items including sunflower seeds, [...]
Indonesia
Rice
All
2024.03
Consumption and marketing
Price controls
Raised maximum retail prices (MRPs) applied on premium rice by IDR 1 000 (USD 0.06) [...]
Russian Federation
Grains
Barley, Maize and Wheat
2024.03
Trade
Export duty
Decreased export duties on wheat from RUB 3 575.4 to RUB 3 444.5 (from USD [...]
Canada
Meat
All
2024.03
Production
Animal welfare regulations
Announced an investment of up to CAD 1 697 850 (around USD 1 260 000) [...]

Disclaimer: The policy records included in the tool are based on publicly available information from both official and private sources. While efforts have been made to verify its content, FAO does not guarantee the full accuracy or comprehensiveness of the information and recommends to consult / refer to other FAO publications reporting policy developments, especially the Oilcrops Monthly Price and Policy Update, the Monthly News Report on Grains and the FAO Rice Market Monitor. The frequency of updates may differ across commodities.