Page 90 - Food Outlook

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FOOD OUTLOOK NOVEMBER 2017
COUNTRY
PRODUCT
DATE
POLICY
CATEGORY/ DESCRIPTION
China
Maize
Producer subsidy
tonne.
Oct-17 Reduced subsidy for maize growers in Heilongjiang province to CNY 133.46 per mu (0.067 ha), which would be around USD
Egypt
Producer subsidy
Jul-17 Announced that as of August, it will stop providing subsidies to millers and bakeries that produce subsidized bread.
Ethiopia
Wheat Maize Wheat
Government
procurement market
Oct-17
EU
November 2014. Sorghum and rye are subject to the same policy change.
Aug-17 Announced an increase in maize duty imports from EUR 5.16 (USD 6.13) per tonne to EUR 10.95 (USD 13.10) per tonne,
Maize and oats Maize
Maize
Wheat
Producer subsidies
INSTRUMENT Aug-17
Published subsidies for silage maize up to CNY 60 (USD 8.9 per tonne) and for half-dried silage feed oats up to CNY 120 (USD 17.9 per tonne).
Announced its plan to boost the nationwide use of maize for production of biofuels. One aim of the measure is to reduce the stock of low quality maize kept in the country’s inventories.
Wheat
Government market intervention Government market intervention
303.2 per ha, down sharply from CNY 153.92 (USD 342.9 per ha) last year.
Oct-17 Announced its plan to adjust minimum state purchase prices for wheat and increase the flexibility of the wheat reserve
Maize
system.
Oct-17 Suspended, effective from end October 2017, public auctions of old-crop maize and soybeans from state reserves, with a
Maize and wheat Wheat
Import quota Government procurement
view not to hinder the marketing of the new crop being harvested.
Oct-17 Announced wheat and maize import quotas for 2018 at 9.64 million tonnes and 7.2 million tonnes, respectively.
Oct-17 Decreased wheat minimum purchase price for 2018 to CNR 2 300 (USD 345.6) per tonne, down by 2.5 percent from this year.
Wheat Wheat
Government procurement
Announced it will grant wheat farmers EGP 15 (USD 0.83) per tonne for wheat in jute bags, and EGP 10 (USD 0.55) per tonne for wheat destined for silos which are far from production areas but have significant storage capacity.
Maize Flour Wheat
Government procurement
Jul-17
Announced it will almost double the intervention prices of maize during 2017-2018 fiscal year beginning in July, from EGP 1 700 (USD 95.24) per tonne to EGP 3 400 (USD 190.48) per tonne.
Wheat
Government procurement Import requirements
Signed an agreement with the Chamber of Cereal Industries, fixing a price for the GASC supplied wheat. The agreement Aug-17 calls for the GASC to sell wheat at EGP 4 000 (USD 227) per tonne to public and private sector mills, and millers agreed to sell
Wheat
Aug-17
flour at EGP 4 700 (USD 267) per tonne.
Announced that, effective from 3 October, wheat shipments with a moisture level of up to 13.5 percent will be allowed for a nine-month period. Previously, the permissible moisture level was set at 13 percent.
Announced the procurement of 400 000 tonnes of wheat, in order to relieve the 8.5 million people who are in need of urgent food assistance in the country.
Grains
Import duty Import tariff
Jul-17
Established additional duty-free tariff quotas for several agricultural products from Ukraine, including wheat 65 000 tonnes,
Maize, and rye
maize 625 000 tonnes, barley 325 000 tonnes and oats 4 000 tonnes.
Aug-17 Reintroduced import tariff on maize of EUR 5.16 (USD 6.13) per tonne, reversing the duty-free conditions in place since
Maize
Import duty Import tariff Import tariff
effective 1 September 2017.
Maize
Aug-17 Lowered the anti-dumping duties applied on Argentine biodiesel to between 4.5 percent and 8.1 percent.
sorghum
Maize, sorghum and rye
Oct-17 Lowered the import duty for maize, sorghum and rye to EUR 5.61 (USD 6.07) per tonne, due to stronger US dollar. Import duties are fixed from 10 October until a further notice.
Maize and wheat
Import quota
Oct-17
Increased the quantities of tariff-free agricultural products exported from Ukraine to the EU. The annual common wheat import quota was raised by 16 000 tonnes and maize by 625 000 tonnes.
Production support
Sep-17
Sep-17 Announced a cut in maize planting area to around 670 000 ha, mainly in favour of soybeans.
Government market intervention
Stock release
Oct-17
Authorized the sale of 2 500 tonnes of imported wheat from state reserves at an average price of CNY 2 564 (USD 387) per
Government market intervention
May-17
Jun-17 Provided the state grains buyer GASC with letters of credit, worth USD 64.3 million, for imports of 395 000 tonnes.
Government market intervention
Jul-17 Announced that the Agriculture Quarantine Service will resume its traditional inspector role in controlling the quality of wheat imports.
GMO policy
Jul-17 Authorized three GMO varieties for food and feed use for a 10-year period, among which is Monsanto’s GM maize MON 810.
Government intervention
Jul-17 Announced Euronext will add the Simarex grain silo in Rouen as an additional delivery point for its wheat futures contract from September 2018.
Major policy developments