Trade and markets
 

Detail

Area
Brazil
Commodity Group
Rice
Commodity
All
Date
18/07/2017
Policy Category
Production
Policy Instrument
Minimum support prices
Description
Approved minimum support prices (MSPs) for the 2018/19 season (2017/18 season for Brazil), effective from February 2018 to January 2019. The MSP for fine long- grain paddy was raised by 3 percent to BRL 720.20 (USD 227.54) per tonne for the Southern region (except Paraná) and to BRL 720.17 (USD 227.53) for all other regions. The MSPs for long-grain paddy were instead left unvaried at BRL 378.0 (USD 119.4) per tonne for the Southern region (except Paraná) and at BRL 407.5 (USD 128.7) per tonne for other regions.
Notes
Exchange rate as of 1 October 2017.