IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2017 | Removal date: open ended
Still in force

Production subsidy

In the same release, it was confirmed that soy bean farmers would see a new 'growers' subsidy' of USD 1.76/ha (CNY 173.46/ha), a change from the previous 'target subsidy' system, which tied subsidies to market prices.

While not directly comparable, in effect this is an increase in the subsidy amount, especially when compared to the lower subsidy available for corn in the region. This is, again, intended to shift producers away from corn and towards soybeans.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

014 Oilseeds & oleaginous fruits
1201 Soya beans, whether or not broken.
120190 Other

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