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Fedearroz rejected a proposed VAT on agricultural inputs in the government's tax reform bill, which would take effect January 1, 2028 if approved. The federation says the tax would raise food production costs and pressure rural employment.
Higher input costs from a VAT could reduce Colombian rice output over time, a minor supply factor for global rough rice prices.
After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.