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Food Policy and Market Developments

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15/10/2019
The Government announced it will keep the 2020 minimum support price for wheat at CNY 2 240 (USD 317) per tonne, the same as in the past year (FPMA Food [...]
10/10/2019
Amid steep inflation rates, the Government has raised the producer prices of maize and other grains, including sorghum and millet, from ZWL 2 100 per tonne to ZWL 4 000 [...]
04/10/2019
On 1 October, the Government started the purchases of key crops, maize and beans, of the main 2019 “spring-summer” season, harvesting of which recently started. The support price for maize [...]
25/09/2019
The Food Contract Corporation, the national body managing the state grain reserves, increased the procurement prices for 2019 grains on 24 September. Purchasing prices for wheat fall under selected ranges [...]
23/09/2019
The Government recently announced the cut of custom duties on soft wheat from 135 percent, set in May this year (FPMA Food Policies) to 35 percent starting from 1 October. [...]
20/09/2019
On August 25, the Government, in agreement with millers, retailers and grain traders, introduced a cap on maize grain prices at ZWK 2 600 (USD 198) per tonne. The measure [...]
22/07/2019
On 17 July, the Economic Coordination Committee (ECC) of the Government of Pakistan imposed a ban on the exports of wheat and wheat flour. Below-average irrigation water supplies and reduced [...]
08/07/2019
In early July, the Food Reserve Agency (FRA), the Government parastatal mandated to manage the national strategic stock and engage in market facilitation, increased the purchasing price of maize by [...]
04/07/2019
The Government of India increased the Minimum Support Prices (MSP) for the 2019 “Kharif” crops, now being planted and to be harvested from September onwards. The Government raised the MSP [...]
03/07/2019
On 1 July, the Government announced the further extension of the zero duty on wheat exports until 1 July 2021. The wheat export duty was suspended in September 2016 (FPMA [...]
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