AreaBrazil

Commodity GroupRice

CommodityAll

Date15/07/2019

Policy CategoryProduction

Policy InstrumentMinimum support prices

DescriptionSet Minimum Support Prices (MSPs) for the 2020/21 season (2019/20 season for Brazil), effective from February 2020 to January 2021. The MSP for fine long grain paddy was raised by 8.75 percent to BRL 793 (USD 193) per tonne for the South Region (except Paraná), and by 10.04 percent to BRL 793 (USD 193) per tonne for all other regions. No MSP was specified for long grain paddy.