AreaBrazil

Commodity GroupGrains

CommodityMaize

Date01/04/2017

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionAnnounced the purchase of up to 1 million tonnes of maize produced in the growing State of Mato Grosso, through an auction of option contracts, which will last until 15 September. The price has been set at BRL 17.87 per 60 kg bag (USD 95.5 per tonne).