Cepea, May 3 – The slow pace of trades and prices received by growers below the production costs may reduce the area allocated for wheat planting this season (sowing started in some Brazilian regions in April). In this context, growers can search for more profitable alternatives or the government may interfere through subsidies to encourage growers to keep planting wheat.
However, since the Brazilian government does not seem to have resources or specific policies for wheat subsidies, Mapa (Ministry of Agriculture, Livestock and Supply) announced in late April, a reduction of 3
Fonte: CEPEA
