AreaBrazil

Commodity GroupGrains

CommodityWheat

Date12/03/2019

Policy CategoryConsumption and marketing

Policy InstrumentProcurement price

DescriptionApproved 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).