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: 20 Jun 2018 | Removal date: 30 Jun 2020
Still in force

Price stabilisation

Ministerial Order 935 issued on 19 June 2018 by the Ministry of Agriculture, Livestock, and Food Supply of Brazil also decreased the minimum price of corn and sorghum produced in certain regions of the country.

In the case of corn produced in the West of Bahia, south of Maranhão, south of Piaui and Rio Grande, the minimum price has decreased by 2.11% when compared to the values of the previous year.

As for sorghum produced in the West of Bahia, south of Maranhão, south of Piaui and Rio Grande, and the Northeast, the reference price has decreased by an average of 3.51% when compared to the prices set in the previous year.

The above-mentioned reference values apply for the 2018/2019 and 2019 harvests, and it entered into force on 20 June 2018.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
1005 Maize (corn).
100590 Other

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