Trade and markets
 

Detail

Area
Brazil
Commodity Group
Rice
Commodity
All
Date
08/07/2015
Policy Category
Production
Policy Instrument
Minimum support prices
Description
Adjusted minimum support prices (MSPs) for the 2016/17 season (2015/16 season for Brazil) to be effective from February 2016 to January 2017. In the case of fine long grain paddy, these were raised to a standardized rate of Reals 593 (USD 153) per tonne for all regions, representing a year-on-year increase of 7.9 percent–8.9 percent. MSPs for long-grain paddy were raised by 14.8 percent to Reals 408 (USD 105) per tonne for the Southeast, Northeast, and Centre West regions (excepting Mato Grosso) and the state of Paran
Notes
Exchange rate as of 15 September 2015.