Area
Brazil
Commodity Group
Grains
Commodity
Wheat
Date
01/07/2015
Policy Category
Consumption and marketing
Policy Instrument
Procurement price
Description
Increased the minimum price for wheat by 4.6 percent to BRL 34.98 per 60 kilograms (USD 186 per tonne). Under the Producers Equalization Payment Programme (Pepro), the Government would pay farmers or cooperatives the difference between the market price and the minimum price.
