AreaBrazil

Commodity GroupGrains

CommodityAll

Date19/06/2018

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionApproved 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.