No.3 July 2008 | ||
Crop Prospects and Food Situation | ||
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Policy measures taken by governments to reduce the impact of soaring pricesNew policies or changes to existing measures since last report (Crop Prospects and Food Situation) April 2008
[Jun 2008] Increased durum wheat purchase price to DZD 4 500 per quintal from DZD 2 100; soft wheat to DZD 3 500 per quintal from DZD 1 950; barley to DZD 2 500 per quintal from DZD 1 500. The sale price to millers will be DZD 2 280 per quintal for durum, DZD 1 285 per quintal for soft wheat and DZD 1 550 per quintal for barley. [May 2008] Reduction from 18 to 5 percent in the rate of VAT levied on a range of basic imported foodstuffs and other goods deemed essential. These included staples such as wheat, sugar, rice, salted fish, baby food and household products such as soap. [May 2008] Egypt has opened its ration card system until June 30 and doubled the amount of rice that card holders receive. Egypt had not added to the ration card registry since 1988. A total of 55 million people out of Egypt's population of 75 million are covered by the system. The card holders are allowed to buy 2 kg of rice (double the amount previously allowed) in addition to 2 kg of sugar, 1.5 kg of oil, and 50 grams of tea per person every month for EGP 15. [June 2008] Extension of rice export ban until April 2009. [May 2008] Government to import 150 000 tonnes of wheat for state subsidized distribution scheme etc. [May 2008] Excise duties and tax on oil and fuel are removed for the country's fishermen and subsidies on fertilizer and free tractors are to be available for farmers. [May 2008] Eliminated all import duties on rice, wheat, yellow corn and vegetable oil. [May 2008] Up to 270 000 tonnes of duty free maize imports from South Africa to be allowed. [Jun 2008] Removes sales tax on rice and bread. [Jun 2008] Funding to be increased for expansion of strategic grain reserve from 4 to 8 million bags of maize in the next two years. [Jun 2008] Reduces import tax on wheat to 10 percent from 35 percent. [May 2008] Ban on all kinds of food exports. [May 2008] Implementation of a Special Plan of Intervention for the next six months, including distribution of inputs and credits to farmers. [May 2008] Reduction of import taxes on cereals. [May 2008] Tariffs on rice import are suspended for 6 months. [May 2008] 339 400 head of cattle to be distributed to at least 600,000 families by 2012. [Jul 2008] Raised farm price of white maize to USD 14 per 50 kg bag from USD 8.
[May 2008] Government to government contracts being negotiated to import wheat via Pakistan and Kazakhstan. [May 2008] Eliminated VAT on grain, rice and flour imports. [May 2008] Eliminated customs on grain and rice imports. [May 2008] Wheat production subsidy will be increased to AZN 50 per hectare from AZN 40 per hectare. [May 2008] Ban on export of all non-aromatic rices as of May 7th, 2008 for six months. [Jun 2008] Will raise emergency food stocks by 300 percent to 3.2 million tonnes in 2008/09. [May 2008] Officially started this year's minimum price purchase program for wheat. The four-month program will last until September 30. The threshold price for white wheat is RMB 1.54 per kilogram. The threshold price for red and mixed wheat is RMB 1.44 per kg. The 2008 purchase prices represent increases of 6.94 percent for white wheat and 4.35 percent for red and mixed wheat compared to 2007. [Jun 2008] Reduced import duty from 12 percent to 6 percent on frozen pork and from 5 percent to 2 percent on meals (soybean meal, peanut meal, etc). [Jun 2008] Exclusive supplies of diesel fuel will be available for farm vehicles during the cereal harvest. [Jun 2008] Exports to the Democratic People's Republic of Korea will be allowed despite export ban. [May 2008] Removed ban on export of non-basmati rice, edible oil and pulses to Bhutan. [Jul 2008] Support price for wheat increased to IDR 10 000 per tonne for the 2008/09 marketing year, compared with IDR 8 500 per tonne in 2007/08. [Jul 2008] Bans export of maize until October 15. [Jun 2008] Increase fertilizer subsidy to a total budget of USD 1.8 billion (up 240 percent). [Jul 2008] Abolished import duty on rice, potato and kinno from Pakistan. (Rice duty was 150%.) [Jun 2008] Export duties introduced on wheat, flour, vegetable oil and some seeds. [May 2008] Monthly release of imported rice (ST15) to market to be raised by 9 000 tonnes to 20 000 tonnes. [May 2008] Malaysia, the world's second-largest producer of palm oil after Indonesia, announced that it is ready to offer palm oil in exchange for rice. [Jun 2008] Some rice imports to be subsidized. Price caps to be implemented on Super Special Tempatan 5 percent and Super Special Tempatan 10 percent at MYR 2.8 per kg and MYR 2.7 per kg respectively from June. [Jun 2008] Guaranteed minimum price for producers raised from MYR 650 to MYR 750 per tonne. [Jun 2008] To increase domestic production, rice area will be increased in the eastern states of Sabah and Sarandak. [May 2008] Increasing state emergency food stocks by 15,000 tons. [May 2008] The private sector is permitted to import wheat and the 10 percent import duty is waived. [May 2008] State salaries were raised by 25 percent. [Jul 2008] Rice export ban is lifted.
[May 2008] Despite a current ban on exports, the Government has authorized 100 000 tonnes of wheat exports to Brazil. [Jun 2008] To set monthly export quotas for wheat. [May 2008] Extends tariff free wheat imports through July (tariff normally 10 percent). [May 2008] The PIS/Cofins social contribution tax on wheat, wheat flour and bread reduced to zero from 9.25 percent. The measure will cost BRL 500 million in lost tax revenue and will be effective until the end of the year. [May 2008] Taxes on wheat, wheat flour and bread are reduced. [Jun 2008] Ban on rice exports (except 20 000 tonnes to Venezuela). [May 2008] Flour subsidies introduced. [May 2008] Free distribution of seed rice seeds. [May 2008] Public stocks of maize and red beans to be sold at subsidized prices. [Aug 2008] 250 000 tonnes of rice imports to be allowed without paying the 20 percent tariff tax. [May 2008] Removed import tariffs on wheat, rice, maize and fertilizers. [May 2008] Import of 100 000 tonnes of beans allowed without tariff. [Jun 2008] Prices of about 150 food items frozen until the end of 2008. [May 2008] Import tariff removed for beans. Reduction of import tariffs to zero or 5% for some types of vegetable oils. [May 2008] The Government will buy the whole paddy production to be sold to consumers at subsidized prices.
[Jun 2008] Introduced a 40-percent export tax on wheat and Meslin. [Jul 2008] Export taxes on wheat and barley removed. [May 2008] Grain export quotas are lifted. [May 2008] Cancelled quota restrictions on grain exports. [Jun 2008] Will increase allocation of funds to purchase grain for state reserve by USD 100 million. |
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