AreaBrazil
Commodity GroupOilseeds, oils and meals
CommodityAll crops, livestock
Date01/06/2018
Policy CategoryProduction
Policy InstrumentAgricultural policy
DescriptionPresented the agricultural support programme for 2018/19, which envisages an increase in outlays for: i) farm loans (including a reduction in concessional interest rates and increased attention to: investments in on-farm grain storage, low carbon agriculture, livestock/aquaculture); ii) marketing support programmes; and iii) crop insurance schemes.
NotesThe Brazilian Government presented its agricultural support programmes for 2018/19. The package envisages an increase in outlays for the following schemes: i) farm loans (including a downward correction in concessional interest rates and greater attention to: investments in on-farm grain storage, low carbon agriculture and the livestock/aquaculture sector); ii) marketing support programmes; and iii) crop insurance systems. The soybean minimum reference price to be used under the Governments income protection programmes has been raised by 2.4 percent to BRL 36.84 per 60 kg (USD 157 per tonne), which compares to an average increase across entitled commodities of 6.5 percent.
