Area
Brazil
Commodity Group
Grains
Commodity
Wheat
Date
12/03/2019
Policy Category
Consumption and marketing
Policy Instrument
Procurement price
Description
Approved new minimum guarantee prices for all wheat grain and seed varieties for the agricultural year 2019/20. Prices were raised by 12.16 percent on average, compared with 2018/19, and will vary according to region and wheat type. In the key producing Southern region, the minimum price for bread wheat was raised to BRL 40.57 per 60 kg (USD 177.2 per tonne), up from BRL 36.17 (USD 157.8 per tonne); and prices of wheat seeds increased from BRL 1.48 per kg (USD 39 per tonne) to BRL 1.66 per kg (USD 43 per tonne).
