AreaBrazil

Commodity GroupGrains

CommodityWheat

Date01/11/2016

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionAuthorized the national supply company (CONAB) to hold wheat auctions in the event of a price fall below BRL 644.17 (USD 205.48) per tonne, in order to ensure farmers’ revenue.