IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 31 May 2018 | Removal date: 30 Jun 2019
Still in force

Price stabilisation

On 31 May 2018 the Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Food of Mexico (ie. SAGARPA by its Spanish acronym) announced the new target prices for the 2017/18 fall/winter and 2018 spring/summer planting seasons. For this edition, the prices have been increased as it follows:

  • Corn from MXN 3,300 to MXN 3,960 per tonne (USD 165 to USD 198);
  • Bread wheat from MXN 4,000 to MXN 5,010 per tonne (USD 200.04 to USD 250.55);
  • Wheat (the rest) from MXN 3,750 to MXN 4,556 per tonne (USD 187.54 to USD 227.85);
  • Sorghum from MXN 2,970 to MXN 3,564 per tonne (USD 148.5 to USD 178.24);
  • Soy, safflower and canola from MXN 6,600 to MXN 8,400 per tonne (USD 330.07 to USD 420.08);
  • Cotton from MXN 21,460 to MXN 25,750 per tonne (USD 1,073.21 to USD 1,287.75);
  • Rice from MXN 3,650 to MXN 4,380 per tonne (USD 182.54 to USD 219.04); and
  • Sunflower from MXN 6,600 to MXN 8,400 per tonne (USD 330.07 to USD 420.08).

These prices are the reference for the production subsidies and economic support programs managed by the SAGARPA.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
1001 Wheat and meslin.
100119 Other
100199 Other
1005 Maize (corn).
100590 Other
1006 Rice.
100610 Rice in the husk (paddy or rough)
1007 Grain sorghum.
100790 Other
014 Oilseeds & oleaginous fruits
1201 Soya beans, whether or not broken.
120190 Other
1205 Rape or colza seeds, whether or not broken.
120510 Low erucic acid rape or colza seeds
1206 Sunflower seeds, whether or not broken.
120600 Sunflower seeds, whether or not broken.
019 Forage; natural rubber; living plants; raw vegetable materials
5201 Cotton, not carded or combed.
520100 Cotton, not carded or combed.
231 Grain mill products
1006 Rice.
100620 Husked (brown) rice
100630 Semimilled or wholly milled rice, whether or not polished or glazed
100640 Broken rice

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