Trade and markets
 

Detail

Area
Mongolia
Commodity Group
Grains
Commodity
Wheat
Date
01/02/2017
Policy Category
Production
Policy Instrument
Production support
Description
Agreed to provide financial incentives to wheat farmers selling their wheat to national flour milling companies or for state reserve, in order to boost wheat production. The financial incentive will be MNT 55 000 (USD 531.3) per tonne for first-class wheat, and MNT 50 000 (USD 483) per tonne for second- to fourth-quality wheat.