Trade and markets
 

Detail

Area
Brazil
Commodity Group
Meat
Commodity
Live animals
Date
01/07/2012
Policy Category
Production
Policy Instrument
State market intervention
Description
Under the pork buyback programme, 76 000 metric tonnes of excess live swine were bought back at a guaranteed minimum price for pigs of BRL 0.40/kg (USD 0.20). Also, a special credit line was put in place for pig farmers to buy piglets at a price of BRL 3.60/kg (USD 1.77/kg) as well as the extension of debt funding and investment.