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
Maize and Sorghum
2024.06
Consumption and marketing
Procurement price
Increased procurement prices for Kharif (summer-sown) crops to boost production for the 2024/25 marketing [...]
China (Mainland)
Grains
All
2024.06
Production
Production support
Allocated CNY 443 million (USD 61.1 million) in disaster relief funds to support grain farmers\' [...]
Saudi Arabia
Meat
Live animals
2024.06
Trade
Market access
Authorized imports of live cattle, sheep, and goats from Thailand for slaughter and breeding.
Russian Federation
Grains
Barley, Maize and Wheat
2024.06
Trade
Export duty
In its regular weekly revision of export duties, decreased export duties on wheat from RUB [...]
Senegal
Rice
All
2024.06
Consumption and marketing
Price controls
Announced that broken non-aromatic rice would be sold to consumers at a maximum of XOF [...]
Republic of Korea
Meat
Bovine meat
2024.06
Trade
Import ban lifted
Lifted an import ban on bovine meat from France and Ireland, which was imposed in [...]
Malaysia
Oilseeds, oils and meals
Palm oil
2024.06
Trade
Export policy
Decreased the crude palm oil reference price for July 2024 to MYR 3 839.6 (USD [...]
Mexico
Grains
Maize
2024.06
Production
Production subsidy
Announced a maize subsidy scheme, offering an incentive of MXN 750 (USD 41) per tonne [...]
Brazil
Rice
All
2024.06
Trade
Import quota
Cancelled a tender held on 6 June 2024 that aimed to procure 300 000 tonnes [...]
Argentina
Grains
Maize
2024.06
Other
Biofuel
Increased the minimum purchase price of maize-based ethanol used in biofuel blends for automobiles from [...]

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.