AreaBrazil

Commodity GroupGrains

CommodityMaize and Wheat

Date01/01/2017

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionIncreased the subsidized credit line available to farmers to prepare for the 2017–2018 crop to BRL 12 billion (USD 3.72 million) from the 2016–2017 credit line of BRL 10 billion (USD 3.08 million). This crop financing, which also covers wheat and maize, will give producers access to reduced-interest loans in order to purchase seeds, fertilizers and pesticides.