The import duty on wheat, which was scheduled to end on 31 March, has been extended until 30 June 2016. The Government had initially imposed a 10 percent duty on [...]

As of 15 January, the Government of Azerbaijan has exempted wheat, flour and bread from value added tax. The measure aims to reduce prices of these commodities that are supported [...]

The Government of Brazil announced in Late January that it will auction 500 000 tonnes of maize from its state reserves. The measure aims to boost supplies in the market [...]

On 1 February, the Government of Sri Lanka raised the import duty on rice by 43 percent from LKR 35 per kilogram (USD 234 per tonnes) to LKR 50 per [...]

On February 1, the Government of Argentina removed the subsidies on electricity and raised prices to reduce fiscal expenditures and encourage investment in the energy sector. In Argentina, the federal [...]

Effective from January 1, 2016 Morocco lowered the customs duty on soft wheat imports from 50 percent to 30 percent. This latest decrease follows a previous reduction of the import [...]

On 13 January the Government of India approved a new crop insurance scheme, named ‘’Pradhan Mantri Fasal Bima Yojana’’ (PMFBY), which will replace the previous scheme, with better conditions for [...]

As of late December, the new Government of Argentina eliminated the export tax on wheat and maize, previously set at 20 percent and 23 percent respectively. The incoming Government also [...]

China plans to cut the minimum maize support prices for the 2016/17 crops from 2000 Yuan (USD 313) per tonne to 1800 Yuan (USD 282) per tonne. The new maize [...]

The Government of Kazakhstan plans to remove the subsidy on bread from 1 January 2016. This measure aims to create a more competitive market and promote investment in improved, more [...]