Markets and trade
 

Detail

Area
Brazil
Commodity Group
Rice
Commodity
All
Date
12/06/2020
Policy Category
Production
Policy Instrument
Minimum support prices
Description
Set minimum support prices (MSPs) for the 2021/22 season (2020/21 season for Brazil), effective from February 2021 to January 2022. The MSP for fine long grain paddy was raised by 1.39 percent to BRL 804 (USD 144) per tonne for the Southern region (except Paraná), while it was raised by 6.31 percent for all other regions to BRL 843 (USD 151) per tonne. The MSPs for long grain paddy were left unvaried at BRL 411 (USD 74) per tonne for the Southern region (except Paraná), and at BRL 448 (USD 81) per tonne for all other regions.
Notes
Exchange rate as of 15 October 2020.