Grain SA mulls measures to appeal govt’s decision to keep wheat reference price unchanged

Industry body Grain SA strongly rejects the final outcome of the wheat tariff amendment investigation, following confirmation in the Government Gazette that the dollar-based reference price (DBRP) for wheat will remain unchanged at $279/t and that no automatic trigger mechanism will be implemented. The application, submitted by Grain SA and the South African Cereals and Oilseeds Trade Association (Sacota), requested an increase in the wheat reference price from $279/t to $289/t, as well as a more efficient mechanism to address delays between tariff triggers and implementation.

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