Trade and markets
 

Detail

Area
Mexico
Commodity Group
Rice
Commodity
All
Date
27/11/2014
Policy Category
Production
Policy Instrument
Production support
Description
Issued new target prices for cereal and oilseed products, including rice, under the Target Income Program, applicable from the 2014 spring-summer campaign. In the case of rice, these were set at Pesos 3 650 (USD 268) per tonne, with producers under the programme receiving a deficiency payment in the event that prices of marketed produce fall below this pre-determined level.
Notes
Exchange rate as of 15 November 2014.