Trade and markets
 

Detail

Area
Brazil
Commodity Group
Grains
Commodity
Grains
Date
19/06/2018
Policy Category
Consumption and marketing
Policy Instrument
Government procurement
Description
Approved the new minimum prices for selected agricultural commodities produced in the summer season, including cereals and beans. The minimum prices for these products were increased by around 7 percent year-on-year. The minimum prices of maize and sorghum were increased by nearly 13 percent and 8 percent respectively in the north, midwest, southeast and south of the country, while they were reduced in other areas.