AreaChina (Mainland)

Commodity GroupGrains

CommodityMaize

Date01/11/2012

Policy CategoryProduction

Policy InstrumentGovernement procurement from farmers

DescriptionIncrease of governemt procuremet price for maize in 2013 by 7%, in an effort to offset planting costs and boost farmer\'s income. Maize will be procured in northeaster corn belt region at CNY 2 100 per tonnes (USD 340).