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Food Policy and Market Developments

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09/05/2019
The government recently instructed the state Food Reserve Agency (FRA), the government parastatal mandated to manage the national strategic stock and engage in market facilitation, to increase the sale of [...]
29/04/2019
On 26 April, the Government raised with immediate effect the import duty on wheat to 40 percent from 30 percent (FPMA Food Policies). The measure intends to curb imports and [...]
19/04/2019
On 17 April, the Government approved the new procurement price at which the Food Production Support Company (Empresa de Apoyo a la Producción de Alimentos, EMAPA) will buy the 2019 [...]
18/04/2019
To curb soaring inflation, on 17 April, the Government fixed the price of 60 food products, including staples such as rice, flour, sugar, milk, cooking oils, meat and Yerba mate [...]
17/04/2019
Under the framework of the “Wheat Project”, the national procurement programme led by the Ministry of Agriculture, the Government announced the guaranteed prices at which it will purchase wheat from [...]
12/04/2019
Amid high inflation rate, the Government revised the producer price of maize and wheat, which are now set at RTGS$ 726 per tonne and RTGS$ 1 089.69 per tonne, respectively. [...]
10/04/2019
On 5 April, the ministries of Economy and Agriculture agreed on the introduction of temporary duties on the exports of some vegetable products. A duty was introduced on the exports [...]
01/04/2019
The Government plans to procure about 1.3 million tonnes of rice from the ongoing “boro” crop (November-May), which accounts for more than half of the annual output. The price of [...]
25/03/2019
On 20 March, the Government agreed to set the retail prices of food staples, fish and rice, after the recent surges. The price of mackerel, which had reportedly reached a [...]
20/03/2019
The government recently announced an agreement with the Government of the United States of America to implement a duty-free tariff quota (TRQ) for wheat. The agreement allows for the importation [...]
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