AreaBrazil

Commodity GroupRice

CommodityAll

Date05/07/2016

Policy CategoryProduction

Policy InstrumentMinimum support prices

DescriptionAdjusted minimum support prices (MSPs) for the 2017/18 season (2016/17 for Brazil) to be effective from February 2017 to January 2018. In the case of fine long grain paddy, these were raised by 18 percent to BRL 699.4 (USD 216) per tonne for the Southern region (except Paraná) and by 18 percent to BRL 699.5 (USD 216) for all other regions. The MSPs for long-grain paddy were instead left unchanged at BRL 378 (USD 117) per tonne for the Southern region (except Paraná) and at BRL 407.5 (USD 126) per tonne for the Southeast, Northern, Northeast, and Centre West regions and the state of Paraná.

NotesExchange rate as of 1 July 2016.