AreaBrazil

Commodity GroupRice

CommodityAll

Date17/02/2020

Policy CategoryProduction

Policy InstrumentMinimum support prices

DescriptionSet Minimum Support Prices (MSPs) for long grain paddy (other than fine long-grain paddy) for the 2020/21 season (2019/20 season for Brazil), effective from February 2020 to January 2021. For the Southern region (except Paraná), the MSP was raised by 8.7 percent to BRL 411 (USD 70) per tonne, while for all other regions it was set at BRL 448 (USD 76), up 10.0 percent from 2019/20.

NotesExchange rate as of 15 May 2020.