AreaBrazil

Commodity GroupGrains

CommodityMaize

Date28/04/2018

Policy CategoryStocks

Policy InstrumentStock release

DescriptionAnnounced the sale of 1 million tonnes of maize from its state reserves through auctions. The measure aims to support livestock producers, amidst high domestic prices of yellow maize, above the threshold price of BRL 19.95 per 60 kg-bag (USD 332.5 per tonne) in the State of Mato Grosso set by the Government for the release of stocks.