Trade and markets
 

Detail

Area
Colombia
Commodity Group
Rice
Commodity
All
Date
01/07/2011
Policy Category
Production
Policy Instrument
Support prices, warehouse receipts program
Description
Allocated Pesos 10 billion (USD 5.2 million) to the storage incentive programme, to run from 27 July to 30 December. Up to 170 000 tonnes of dry paddy to be eligible for the programme with minimum reference prices paid to producers to range between pesos 800 000– 920 000 per tonne (USD 416 – 478/tonne) depending on the producing regions.