CA2320EN.pdf

Sep 18 grains transport measures increased minimum

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Sep-18 Grains Transport measures Increased minimum freight rates charged on trucks by 5 percent, in an attempt to end the prevailing strike by truck drivers.
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Major policy developments 34 FOOD OUTLOOK NOVEMBER 2018 COUNTRY DATE PRODUCT POLICY CATEGORY/ INSTRUMENT DESCRIPTION China Aug-18 Maize Futures market China's Dalian Commodity Exchange set the price limits of maize and maize starch futures contracts at 4 percent, and their minimum trading margin at 5 percent of the contract value. Aug-18 Grains Import tariff Announced a list of proposed supplemental tariffs ranging from 10 to 25 percent on USD 60 billion worth of US imports, including wheat, rice, soybean and maize products. Aug-18 Wheat Government procurement Lowered the floor price for some wheat classes sold from state stocks in order to reduce their stockpiles, effective from 3 September. Sep-18 Barley and maize Bilateral agreement Agreed to allow barley and maize exports from Kazakhstan to access the Chinese market by the end of the year. Egypt Aug-18 Wheat Import requirements Allowed continued imports of wheat with a maximum moisture of 13.5 percent for another nine months. EU Aug-18 Grains Government support Relaxed regulations governing the granting of financial assistance, in view of a prolonged drought. Affected producers will be able to receive up to 70 percent (previously 50 percent) of their direct income support entitlements, and up to 85 percent (previously 75 percent) of rural development entitlements by mid-October 2018, instead of December 2018. Georgia Sep-18 Wheat Transport measures Postponed banning wheat imports until 1 October 2019. Germany Aug-18 Wheat Government support Announced an emergency drought relief package worth EUR 340 million (USD 389 million). India Jul-18 Maize Government procurement Increased the minimum support price of maize for the 2018/19 season by INR 255 to INR 1 700 per quintal (by USD 40 to USD 247.5 per tonne). Jul-18 Grains Government procurement Approved a hike in minimum support prices for all 24 Kharif crops (including grains) for 2018-19, in line with the country's goal of doubling farmers’ incomes by 2022. Jul-18 Wheat Government market intervention Announced the selling of 7-8 million tonnes at INR 1 890 per quintal (USD 257 per tonne) to meet demand from flour millers and other bulk consumers. Oct-18 Barley and wheat Government procurement Increased the minimum support price for wheat by 6 percent to INR 1 840 per quintal (USD 248 per tonne), while the minimum support price for barley was increased by 2 percent, to INR 1 440 per quintal (USD 194 per tonne). Japan Jul-18 Wheat Import policy Revoked the suspension of wheat imports from Canada, which was imposed for five weeks amid concerns over the presence of unauthorized genetically modified wheat. Sep-18 Wheat Government market intervention Raised the selling price of imported wheat to domestic millers by 2.2 percent from the previous six-month period. The average price is set at JPY 55 560 (USD 498) per tonne from October to March.
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35 FOOD OUTLOOK NOVEMBER 2018 Grains COUNTRY DATE PRODUCT POLICY CATEGORY/
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