AreaBrazil

Commodity GroupGrains

CommodityMaize

Date22/06/2021

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionAllocated a total budget of BRL 251.22 billion (USD 45.3 billion) to agricultural production, representing a 6.3 percent funding increase compared with 2020/21. The Harvest Plan doubles the amount of support to farmers transitioning to sustainable production methods (BRL 5.05 billion - USD 910.9 million ); increases support to the biofuels sector (BRL 20 million - USD 3.6 billion), family farming (BRL 21.74 billion - USD 3.9 billion ), and medium rural producers (BRL 34 billion - USD 6.1 billion ). Among other programme components, storage aid will also be available for several agricultural products, including maize (BRL 4.12 billion - USD 742.5 million), and rural crop insurance premiums will be maintained (BRL 1 billion - USD 180.2 million) for 2022.