Regulation on the Marketing of Hard Yellow Maize – Ministerial Agreement No. 134

The Regulation on the Marketing of Hard Yellow Maize governs the commercialization and absorption of Ecuador's domestic hard yellow maize production, the establishment of domestic prices, and the administration of maize imports. It establishes mechanisms to prioritize purchases of the national crop by feed manufacturers and animal protein industries, regulates transaction registration and purchase monitoring, and provides procedures for estimating domestic supply and demand and allocating import quotas and non-automatic import licenses. It also includes price mechanisms, strategic reserves, transaction controls, transparency provisions, supervision and sanctions for actors throughout the maize value chain.