Trade and markets
 

Detail

Area
South Africa
Commodity Group
Grains
Commodity
Wheat
Date
01/04/2013
Policy Category
Production
Policy Instrument
Price Support
Description
Increase of the dollar-based reference price for locally produced wheat by 37 percent, in order to encourage increase in hectares planted. Wheat price is set at USD 294 per tonnes, up from USD 215 per tonnes.
Notes
It will increase the level at which duties on imported grain have to be paid.