IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Nov 2016 | Removal date: open ended
Still in force

Price stabilisation

On November 4, 2016, the Brazilian Ministry of Agriculture authorised the CONAB (the national supply company) to hold wheat auctions in the event of a price fall below BRL 644.17 (USD 205.48) per tonne. This decision was officially approved with the publication on the Oficial Gazette of the Interministerial Resolution 259 on November 25, 2016, where it was also established that the total budget was BRL 150 million (USD 43.8 million) 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
1001 Wheat and meslin.
100199 Other

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