Trade and markets
 

Detail

Area
Brazil
Commodity Group
Rice
Commodity
All
Date
20/06/2018
Policy Category
Production
Policy Instrument
Minimum support prices
Description
Set Minimum Support Prices (MSPs) for the 2019/20 season (2018/19 season for Brazil), effective from February 2019 to January 2020. The MSP for fine long grain paddy was raised by 1.19 percent to BRL 728.8 (USD 193) per tonne for the Southern region (except Paraná), while it was left unchanged at BRL 720.17 (USD 190) per tonne for all other regions. The MSPs for long grain paddy were similarly left unvaried at BRL 378.0 (USD 100) per tonne for the Southern region (except Paraná), and at BRL 407.5 (USD 108) per tonne for all other regions.
Notes
Exchange rate as of 15 October 2018.