AreaBrazil

Commodity GroupRice

CommodityAll

Date18/07/2017

Policy CategoryProduction

Policy InstrumentMinimum support prices

DescriptionApproved minimum support prices (MSPs) for the 2018/19 season (2017/18 season for Brazil), effective from February 2018 to January 2019. The MSP for fine long- grain paddy was raised by 3 percent to BRL 720.20 (USD 227.54) per tonne for the Southern region (except Paraná) and to BRL 720.17 (USD 227.53) for all other regions. The MSPs for long-grain paddy were instead left unvaried at BRL 378.0 (USD 119.4) per tonne for the Southern region (except Paraná) and at BRL 407.5 (USD 128.7) per tonne for other regions.

NotesExchange rate as of 1 October 2017.