AreaBrazil

Commodity GroupGrains

CommodityWheat

Date01/04/2017

Policy CategoryConsumption and marketing

Policy InstrumentProcurement price

DescriptionAnnounced a reduction of 3.6 percent in the minimum price of all wheat types for the 2017/18 season. Prices dropped from BRL 21.24 per 60 kg bag (USD 112.2 per tonne) in 2016/17 season to BRL 20.48 per 60 kg bag (USD 108.1 per tonne).