AreaBrazil

Commodity GroupMeat

CommodityLive animals

Date01/07/2012

Policy CategoryProduction

Policy InstrumentState market intervention

DescriptionUnder the pork buyback programme, 76 000 metric tonnes of excess live swine were bought back at a guaranteed minimum price for pigs of BRL 0.40/kg (USD 0.20). Also, a special credit line was put in place for pig farmers to buy piglets at a price of BRL 3.60/kg (USD 1.77/kg) as well as the extension of debt funding and investment.