AreaBrazil

Commodity GroupGrains

CommodityWheat

Date01/07/2015

Policy CategoryConsumption and marketing

Policy InstrumentProcurement price

DescriptionIncreased the minimum price for wheat   by 4.6 percent to BRL 34.98 per 60 kilograms (USD 186 per tonne). Under the Producer’s Equalization Payment Programme (“Pepro”), the Government would pay farmers or cooperatives the difference between the market price and the minimum price.