Area
Brazil
Commodity Group
Grains
Commodity
Wheat
Date
01/04/2017
Policy Category
Consumption and marketing
Policy Instrument
Procurement price
Description
Announced a reduction of 3.6 percent in the minimum price of all wheat types for the 2017/18 season. Prices dropped from BRL 21.24 per 60 kg bag (USD 112.2 per tonne) in 2016/17 season to BRL 20.48 per 60 kg bag (USD 108.1 per tonne).
