Trade and markets
 

Detail

Area
Venezuela
Commodity Group
Rice
Commodity
All
Date
27/10/2015
Policy Category
Production
Policy Instrument
Production support
Description
Approved a subsidy of VEF 10.4 per kilo for paddy gathered in the first half of 2015. For farmers collecting crops between 1 July and 18 September 2015, a VEF 19.19 per kilo will instead apply, while VEF 11.0 will extended to producers harvesting rice between 19 September and 31 December 2015. In all cases, outlays are to be provided on top of prices received by farmers for their produce.