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In 2023, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat, but has reduced subsidies for fertilizers, pesticides, and minor equipment for small producers.
In 2022, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat as well as began subsidizing the price of fertilizers for small producers.
The Government of Ecuador continues defining the yearly minimum price for local production of corn, rice, and wheat. The Minister of Agriculture supports the reduction of corn area and the shift to other crops that are mainly focused on the export market.
The Government of Ecuador has fully eliminated the support program for corn production, but continues to define the yearly minimum price for producers
Uncertainty of government corn policies and price support mechanisms contributed to decreased production with farmers retiring or shifting to more profitable crops.
At nearly 313.5 MMT, the total MY2019/20 EU28 grain crop is around 2 MMT higher than the previous forecast, with higher wheat, corn and barley production partially offset by a lower mixed grain....
The unprecedented heatwave in June across much of the European Union attracted attention to the outlook for the MY2019/20 EU28 grain crop.
As Ecuador’s economy stabilizes and becomes more open to trade, wheat consumption is expected to trend upward.
On April 19, 2018, the Italian District Court of Udine acquitted Giorgio Fidenato, President of the Federated Farmers Association of the charge of having cultivated GE maize....
As Ecuador’s economy recovers and domestic corn prices remain high, consumption of wheat and rice increased in 2017/18.
The total MY2017/18 EU-28 grain crop is revised up 2 MMT to 304 MMT, due to improved outlooks for both the wheat and corn crops.
Updated import duties of Euro 5.16 per metric ton are applied on corn, sorghum and rye from August 8, 2017.