Markets and Trade
AreaBrazil
Commodity GroupRice
CommodityAll
Date01/03/2012
Policy CategoryProduction
Policy InstrumentSupport prices
DescriptionAllocated US$403 million (reais 737 million) to implement the minimum guaranteed price policy for up to 2.02 million tonnes of rice in 2012. Floor prices under the program remain set at US$207–338 per tonne (reais 18.90–30.96 per 50 kilo bag).