Area
Brazil
Commodity Group
Grains
Commodity
Maize and Sorghum
Date
29/04/2021
Policy Category
Production
Policy Instrument
Production support
Description
Approved a new credit and marketing support mechanism to encourage the expansion of maize and sorghum production. The funding limit per producer for maize was increased from BRL 3 million (USD 565 000) to BRL 4 million (USD 753 000). Additional support measures under the Financing for Guarantee of Prices to the Producer for the acquisition of maize are capped at BRL 65 million (USD 12.2 million) per beneficiary. These measures will enter into force on 1 July 2021.
