Brazil: banana, yam and yerba mate are included in minimum price policy

Published 2024년 7월 9일

Tridge summary

The Price Guarantee Program for Family Farming (PGPAF) in Brazil has introduced bananas, yams, and yerba mate as new crops for the National Strengthening of Family Agriculture (Pronaf) discount bonus from July. The program aims to assist crops whose received prices are below the minimum guarantee, setting new prices for the period from July 10, 2024, to July 9, 2025. However, beans, sunflowers, and mangoes will no longer receive the bonus due to improved market prices. The resolution also adjusts the benefiting states for these crops.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

São Paulo, 07/09/2024 - Bananas, yams and yerba mate were included in the Price Guarantee Program for Family Farming (PGPAF) and in July they will be included in the list of crops entitled to the discount bonus on the Program's financing National Strengthening of Family Agriculture (Pronaf). The program benefits crops whose values received by the producer were below the minimum guarantee (which covers production costs). New prices came into force for the period from 07/10/2024 to 07/9/2025, based on CMN Resolution No. 5,154, of 07/02/24, says the National Supply Company in a note. Among the 15 items included in this month's list, there were changes in some of the benefiting states. In relation to the previous month, bananas were increased in the states ...
Source: Broadcast

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.