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Regulation No. 350/2024 on support for grain cultivation.

Country
Type of law
Regulation
Date of original text
Date of latest amendment
Source

Abstract
This Regulation establishes a support framework for grain cultivation by providing both investment aid and production-linked financial support aimed at strengthening domestic grain production and improving infrastructure for grain drying, storage, transport, and processing. It sets out eligibility criteria, application procedures, funding priorities, and oversight mechanisms for grants supporting grain-drying facilities, storage infrastructure, and specialized transport equipment, while prioritizing projects with higher production capacity, renewable energy use, and regional infrastructure development. The regulation also introduces production-based support tied to grain quality standards for barley, wheat, and oats, including minimum density and dry matter requirements verified by professional certification. In addition, it regulates the calculation and disbursement of subsidies, establishes monitoring and repayment obligations in cases of non-compliance or misleading information, and provides transitional provisions concerning available funding and support levels for the 2025 production year.
Entry into force notes
22 March 2024.
Notes
Updated version as last amended by Regulation No. 915/2025 of 16 July 2025.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Reglugerð um stuðning í við kornrækt.