Markets and trade
 

Detail

Area
Brazil
Commodity Group
Rice
Commodity
All
Date
17/02/2020
Policy Category
Production
Policy Instrument
Minimum support prices
Description
Set Minimum Support Prices (MSPs) for long grain paddy (other than fine long-grain paddy) for the 2020/21 season (2019/20 season for Brazil), effective from February 2020 to January 2021. For the Southern region (except Paraná), the MSP was raised by 8.7 percent to BRL 411 (USD 70) per tonne, while for all other regions it was set at BRL 448 (USD 76), up 10.0 percent from 2019/20.
Notes
Exchange rate as of 15 May 2020.