Food Policy and Market Developments

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23/09/2016
The Food Contract Corporation, the national body managing the state grain reserves, announced the new procurement prices for 2016 grains on 8 September. The Corporation has announced different purchase price [...]
22/09/2016
The Government approved a special loan package of USD 27 million to rice millers to buy rice paddy from farmers. The total includes USD 20 million from the government’s budget [...]
22/09/2016
The Ministry of Agriculture and the milling industries have signed the agreement setting the procurement prices for the purchase of the 2016 cereal crops. The price for white maize, fit [...]
22/09/2016
The Indonesian Trade Ministry set the reference prices for a number of basic food items, including rice, maize and soybeans on 9 September through a Ministerial Regulation. For each food [...]
15/09/2016
The Government has auctioned on 15 September a 50 000 tonnes of maize from its state reserves. This follows a previous auction for a same volume on 23 August (FPMA [...]
14/09/2016
The State Agency for Material Resources under the Ministry of Emergency Situations (MES) has increased the procurement price of high quality wheat from AZN 270 (USD 165) per tonne to [...]
12/09/2016
The Ministry of Agriculture, Food and Rural Affairs has recently announced the procurement of 360 000 tonnes of rice for state-controlled rice reserves, plus 30 000 tonnes destined for food [...]
05/09/2016
The National Food Supply Agency (CONAB) of Brazil put 35 000 tonnes of rice paddy to sale through two auctions on September 1 and sold nearly 50 percent of the [...]
02/09/2016
The Economic Coordination Committee (ECC) of the Government of Pakistan increased the regulatory duty on wheat imports from 40 percent to 60 percent. The duty was already increased in June [...]
02/09/2016
The Government has issued the Executive Order No. 80; effective as of August 25, which extends Executive Order No. 70 of June 2015 on the suspension of the import tariff [...]