Sep-18Import tariffAnnounced that a range of imported goods originating in China, including husked, semi/wholly milled and broken rice, would be subject to an additional import tariff of 10 percent, as of 24 September 2018. This additional duty would rise to 25 percent on 1 January 2019.VenezuelaAug-18 toSep-18Price controlsSet the consumer price for Type I rice at VES 42.0 per kg, with immediate effect. Based on this decision, ceilings on consumer prices for Type II rice were subsequently set at VES 36.33 per kg, and at VES 31.87 per kg in the case of Type III rice.Viet NamAug-18Export requirementsIssued Decree 107/2018/ND-CP relaxing conditions on rice exports. Among its provisions, the Decree stipulates that in order to be eligible for rice exports, traders must count on at least one storage and one milling facility that meet national standards and regulations, whether owned or leased. They must also maintain the equivalent of 5 percent of the volume they shipped in the preceding six months on reserve. Traders exporting organic, parboiled and multi-micronutrient fortified rice will not be subject to these conditions, nor will they be required to acquire export certificates. The Decree is effective 1 October 2018, repealing Decree 109/2010/ND-CP, which in 2010 stipulated provisions to determine minimum export prices, made it requisite for rice exporters to own warehouses for at least 5 000 tonnes and processing capacity of at least 10 tonnes per hour, further to requiring that traders register export contracts with the Viet Nam Food Association and maintain the equivalent of 10 percent of the volumes they shipped in the preceding six months on reserve.* The full collection starting in January 2011 is available at: commodities/commodity policy archive/en/?groupANDcommodity=rice .
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Major policy developments42FOOD OUTLOOKNOVEMBER 2018OILCROPS: MAJOR POLICY DEVELOPMENTS MID-JUNE TO MID-OCTOBER 2018*COUNTRYPRODUCTDATEPOLICY CATEGORY/INSTRUMENTDESCRIPTIONArgentinaSoybeans, sunflower seed, groundnut (incl. respective oils/meals)Sep-18Export policyReduced the export tax on soybeans, soymeal and soyoil to 18 percent, after deciding to suspend its policy of gradually reducing export taxes for soymeal and soyoil for six month in mid-August. On top of that, a new export levy of 12 percent was introduced, with a maximum limit of 4 ARS (11 US cents) for each US dollar export value. While sunflower seed and groundnut also face a 4 ARS export levy, only 3 ARS (8 US cents) are assessed on the respective oils and meals.BiodieselSep-18Biofuel policyImplemented three successive increases in the price that oil companies are required to pay for biodiesel.AustraliaAll cropsAug-18Agricultural policyAnnounced a number of federal and state level relief packages to assist farmers hit by this year’s widespread drought.
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