Panama: Agricultural Insurance Subsidy RemovedDAL Resolution No. 228-ADM-2012 September 19, 2012, removes the subsidy on insurance policies on production from the program for agricultural competitiveness and its trust.Tuesday, October 2, 2012
Agricultural producers must now pay 100% of the cost of the policies they take out to protect their investment and not 50%. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Costa Rica: Rice Crop Insurance SuspendedJanuary 2016 Having been affected in the last two years by losses in this category, the state insurance provider has suspended the issuance of policies for rain fed rice harvests, and plans to make changes to the insurance terms. Panama: Validity of Rice Subsidy ExtendedJanuary 2015 The subsidy given to producers of $7.50 per hundredweight of rice which expired on December 31, 2014 has been extended by the government until June 30, 2015. Export Tax to Subsidize Agricultural Insurance?October 2014 Exporters in Costa Rica are opposed to an option being considered by the government which would charge a minimum export tax in order to finance the cost of insurance premiums for crops. Rice Subsidies in PanamaSeptember 2012 The government is considering indirect forms of subsidy such as rewards for farmers with increased production or improved productivity, in order to avoid the impact on the population of an increase in grain prices.
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