Food Policy and Market Developments
06/04/2016
As of 23 March 2016, the Government of Sri Lanka has temporarily reduced tax concessions on wheat flour imports, with the aim to encourage local rice consumption. Demand for imported [...]05/04/2016
The Ministry of Agriculture of the Russian Federation has announced that the minimum prices for 2016 wheat crop purchases by the State Intervention Fund for its restocking programme in the [...]05/04/2016
As of 25 March, the Nigerian Customs Service has re-introduced the policy to restrict rice imports through land borders across the country. A full ban on all rice imports into [...]30/03/2016
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 [...]26/02/2016
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 [...]26/02/2016
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 [...]17/02/2016
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 [...]09/02/2016
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 [...]27/01/2016
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 [...]21/01/2016
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 [...]










