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India - lobbies working to cut maiz import duty
Business Line, September 24, 2004
A commentary in Business Line spoke out against the removal of the tariff-rate quota for maize imports that currently restricts Indian corn imports to 500,000 tons at a 15 percent duty per year. The commentary said that the Indian feed industry should, instead of relying on cheaper imports, work with farmers to develop the contract farming system to supply its burgeoning need for maize. As reasons against allowing increased imports of corn from the United States, the commentary cited the possibility that bioengineered US corn could be diverted for human consumption in India and the high levels of domestic subsides for the US corn industry.
MGR Archive 26.9.2004
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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