• Categories
  • Archives

Brazil’s Minimum Price for Beans Spurs Farmers

Bean plantation in Brazil The minimum price stipulated by the government for the price of beans should generate an "expressive" increase in the area cultivated by the product. This is the estimate of National Food Supply Company (Conab) analyst João Figueiredo Ruas.

The value guaranteed to farmers for each 60-kilogram bag should rise from 47 Brazilian reais (US$ 29) in the 2007/08 crop to 80 reais (US$ 50) in the crop to begin now. If the market is paying less than that, the government should buy part of the produce.

Currently, the price of the grain is at 66 reais (US$ 40), well below the average price paid to Brazilian producers, around 135 reais (US$ 84), according to the region.

However, as it is a high-risk culture, it is necessary for the producer to receive enough for the three cycles of cultivation to be worthwhile. "With the new minimum price, income to producers is guaranteed," stated Ruas.

The director of Stock Management at Conab, Rogério Colombini, stressed the importance of stimulating cultivation of a product that contributes to Brazilian food safety.

"The government wants bean production to rise as the product weighs heavily in the cost of Brazilian feeding and, consequently, in the index of inflation."

In the 2007/09 crop, which is ending, the country should reach production of 3.54 million tons and consume 3.4 million. Despite balanced, the equitation is risky.

"It seems like we have a surplus, but we must wait for the end of the crop," said Ruas. According to him, there is news of a potential crop reduction in the Northeast, due to rains that have hit the region.

ABr

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil to Teach Mozambique How to Make AIDS Drugs

The Brazilian Foreign Minister Celso Amorim has confirmed Brazil’s intention to help Mozambique fight ...

Robots Roam Where Humans Can’t Go in Brazil’s Amazon

In an area of approximately 370 square kilometers (143 square miles) of Amazon rain ...

2004, a Banner Year for Brazil’s Coops

The cooperatives from the state of São Paulo, in the Southeast of Brazil, had ...

Brazil to Grow 3.1% This Year, Say Financial Analysts

Brazil’s Central Bank financial market analysts have maintained at 3.1% the estimated growth this ...

Brazil’s Romário in ‘Six Chickens and a Raging Bull’

Fluminense’s president, David Fischel, criticized football star Romário for attacking a fan after a ...

US and EU Must Cut Their Own Flesh, Brazil Argues at WTO Meeting

The ministerial meeting of the World Trade Organization (WTO) in Geneva this weekend was ...

We, from Brazil’s Landless, Denounce Syngenta and Its Crimes Against Humanity

We, from the Landless Movement in Brazil (MST), would like to share with you the ...

Pataxó Indian from Bahia, in the Brazilian Northeast

Brazilian Pataxí³ Indians Go to Brasí­lia to Get Lands Back

A group of 15 Pataxó Hã-Hã-Hãe went to Brazil's capital BrasÀ­lia seeking a solution ...

200 Landless Families Invade Brazilian Farm Belonging to Paper Company

Under renewed pressure from the Landless Rural Workers Movement (MST), the Idaph, Brazil’s Forest ...

Arabian horses in Brazil

Brazil Puts On a Show on Arabian Horses

The city of Sorocaba, in the interior of the state of São Paulo, in ...