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Commodity policy developments

Area
Commodity
Policy Category
From month
From year
To month
To year

Area
Commodity Group
Commodity
Date
Policy Category
Policy Instrument
Description
European Union
Grains
All
2024.03
Trade
Import tariff
The European Parliament and European Council reached a provisional agreement to extend the temporary suspension [...]
Malaysia
Oilseeds, oils and meals
Soyoil
2024.03
Consumption and marketing
Market regulation
Launched soyoil futures contracts on Bursa Malaysia Derivatives (BMD) on 18 March 2024, following the [...]
Russian Federation
Grains
All
2024.03
Stocks
Stocks policy
Allocated RUB 7 billion (USD 76.3 million) from its reserve fund to bolster grain reserves, [...]
Uzbekistan 
Oilseeds, oils and meals
Cotton seed, soybean, sunflower seed, and derived oils
2024.03
Trade
Export policy
Partially lifted export restrictions on oilseeds and vegetable oils, permitting exports of 50 percent of [...]
India
Oilseeds, oils and meals
Edible oils
2024.03
Production
Sector development measures
Reiterated its commitment to achieve self-sufficiency in edible oil production under the National Mission for [...]
Egypt
Grains
Wheat
2024.03
Consumption and marketing
Government procurement
Increased wheat procurement price for 2024/25 marketing year from EGP 1 600 per ardeb (USD [...]
Indonesia
Grains
Maize
2024.03
Trade
Import policy
Announced it will suspend maize imports for an unspecified duration, in order to support prices [...]
Bangladesh
Rice
All
2024.03
Production
Production support
Announced that it would destine BDT 641.5 million (USD 5.8 million) to support 940 000 [...]
Zimbabwe
Rice
All
2024.03
Trade
Import tariff, value added taxes
Announced that it would suspend the 15 percent value added tax (VAT) levied on rice [...]
Bangladesh
Oilseeds, oils and meals
Agricultural products
2024.03
Trade
Bilateral cooperation
Signed a memorandum of understanding with the Russian Federation to import essential food items including [...]
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Disclaimer: The policy records included in the tool are based on publicly available information from both official and private sources. While efforts have been made to verify its content, FAO does not guarantee the full accuracy or comprehensiveness of the information and recommends to consult / refer to other FAO publications reporting policy developments, especially the Oilcrops Monthly Price and Policy Update, the Monthly News Report on Grains and the FAO Rice Market Monitor. The frequency of updates may differ across commodities.