Tunisia: Cereal prices for the 2024/2025 season set

The decree relating to the fixing of cereal prices, as well as the modalities of their payment, storage and transfer for the 2024/2025 agricultural season, was recently published in the Official Journal of the Tunisian Republic (Jort). This decree aims to ensure optimal harvest management and to support the cereal industry in a difficult economic context.

According to this decree, the base prices for the 2024 harvest are set at 90 dinars per quintal for durum wheat and 70 dinars per quintal for soft wheat. These prices apply to the production and purchase of healthy, clean and marketable cereals. This measure aims to guarantee the stability of producers’ income while ensuring sufficient supply on the market.

The decree also allows complete freedom in the trade of barley and triticale. However, an intervention price of 55 dinars per quintal was set for cereals delivered by producers to collection and storage companies.

The decree also proposes a series of incentives to encourage the rapid delivery of cereals to collectors. Thus, an exceptional premium is planned: 40 dinars per quintal for durum wheat, 30 dinars for soft wheat, and 25 dinars for barley and triticale, subject to delivery before August 31, 2024 for cereals. wheat and before July 10, 2024 for barley and triticale.

Producers can also benefit from this exceptional bonus if the quantities of durum and soft wheat harvested in 2024 are exchanged for certified seeds before December 31, 2024.

In addition, an incentive bonus has been put in place to encourage rapid deliveries. It amounts to 10 dinars per quintal for wheat, valid until August 31, 2024, and 10 dinars for barley and triticale, until July 10, 2024.

For its part, the Cereals Office also benefits from a monthly storage bonus to cover the costs relating to the conservation of cereal stocks from the 2024 harvest. The amount of this bonus is set at 1.539 dinars per quintal for the durum wheat, 1.243 dinars for soft wheat, and 1.086 dinars for barley and triticale.

In addition, seed collectors must pay specific sums to the Cereals Office to finance this storage bonus. These amounts vary depending on the type of cereal, with contributions ranging from 6.517 dinars for barley and triticale to 9.238 dinars for durum wheat per quintal.

In return, the Cereals Office pays collectors a series of bonuses: collection bonus, storage bonus, and transport bonus. These bonuses are calculated and distributed according to the agreements established between the Cereals Office and the collectors, with the submission of monthly reports before the 15th of each month for the previous month. This mechanism aims to guarantee transparent and efficient management of cereals in the country.