Food Policy and Market Developments

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30/08/2016
The Government began on August 22 procurement buying of the 2016 secondary Yala paddy crop, it allocated LKR 4.6 billion (USD 31 million) to purchase 120 000 tonnes of paddy. [...]
24/08/2016
The Government of the Russian Federation commenced the procurement of the 2016 grain crops, including wheat, rye, barley and maize on 19 August. It plans to purchase up to 1 [...]
24/08/2016
The Government of Brazil auctioned on 23 August a further 50 000 tonnes of maize from its state reserves, following a first auction of 50 000 tonnes already earlier in [...]
09/08/2016
On 1 August 2016, the Government permitted exports of basmati rice through Land Custom Stations on the Indo-Bangladesh and Indo-Nepal borders, subject to volumes being registered with the Director General [...]
05/08/2016
The Government announced it would allow duty-free imports of maize, wheat and sorghum until 31 December this year, and also eased some import requirements, such as allowing grains to be [...]
01/08/2016
As of 1 August, the Government has lifted the ban on rice imports through the land borders of Elubo, Sampa and Nkrankwanta. The ban, which had been in force for [...]
22/07/2016
The Food Reserve Agency (FRA), the Government parastatal mandated to manage the national strategic stock and engage in market facilitation, increased the maize purchasing price by 13 percent, from MWK [...]
20/07/2016
The Government announced on 14 July new Maximum Retail Prices (MRP) for 16 essential food items including white flour, sugar, lentils (dhal) and sprats to protect consumers from food price [...]
20/07/2016
The Government has recently revised import regulations for a number of goods, including food products such as processed cereals, with an aim to reduce import dependency and boost domestic industry. [...]
13/07/2016
The Government announced earlier in the month the release of 3.81 million tonnes of rice in two auctions on 25 July. One auction will offer 1.63 million tonnes intended for [...]