Food Policy and Market Developments

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15/02/2021
On 6 February 2021, the Ministry of Economy approved Decree 117, introducing a floating tax system for exports of wheat, maize and barley from 2 June 2021. The floating tax will [...]
28/01/2021
On 26 January 2021, the Ministry of Economy enacted a new policy on cereal exports, which set the tax on wheat exports at EUR 50 (about USD 61) per tonne for the period [...]
28/01/2021
On 26 January 2021, the Ministry of Economic Development, Trade and Agriculture added an annex to the Memorandum of Understanding with grain market participants introducing an export quota for maize [...]
14/12/2020
On 14 December 2020 the Ministry of Economy announced plans for the introduction of a flat tax of EUR 25 (about USD 30) per tonne on wheat exports and a 17.5  million tonnes quota on exports [...]
14/12/2020
On 27 November 2020, the Government allocated a budget of GEL 10 million (about USD 3 million) to a programme to subsidize the sale of wheat flour, until 31 March 2021. The price of a 50 kg bag [...]
04/12/2020
On 19 November 2020, the Government adopted the Resolution 569, introducing a six-month ban on the exports of some agricultural products, including livestock, poultry, eggs, cereals, vegetable oil and sugar [...]
11/11/2020
On 3 November 2020, the Government announced the allocation of THB 51.2 billion (about USD 1.7 billion) to the price guarantee scheme for the 2020/21 rice cropping season, which will run from October 2020 [...]
11/11/2020
On 26 October 2020, the Economic Coordination Committee (ECC) fixed the minimum support price (MSP) for the 2020/21 wheat crop at PKR 1 600 (USD 10) per 40 kg, 15 percent above the [...]
22/10/2020
On 16 October 2020, the Government suspended the tariffs on imports of soybeans, soy meals and soy oils until 15 January 2021 and on imports of maize grain until 31 [...]
22/09/2020
On 21 September 2020, the Government approved the increase in the Minimum Support Prices (MSP) for the 2021 winter “Rabi” crops, to be planted from October. The MSP for wheat, [...]
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