Global Trade Alert
Global Trade Alert

Brazil: Government authorises CONAB to hold wheat auctions in the event of a price fall

Announcement

04 Nov 2016

The Government of Brazil allowed the CONAB to held wheat auctions in order to support the commercialization of wheat from the 2016/2017 harvest.

Source

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

25 Nov 2016

Revocation date:

No revocation date

Updated: 04 Nov 2016
Price stabilisation In force

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 t...

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