INSUBCONTINENT EXCLUSIVE:
In a fresh move, Brazil introduces a program that will bolster the production of 1 million tonnes of rice.This step, announced by
supplies.Previously, the government considered purchasing imported rice through auctions
due to stabilizing market prices.The initiative, estimated to cost around R$1.7 billion ($306 million), only incurs expenses if producers
decide to sell their rice to the government.Brazil Boosts Rice Production with Innovative Contracts
(Photo Internet reproduction)This system allows the state to manage its resources more effectively
If producers exercise their options, the government acquires the rice, holding it as an asset that could be sold later.Conversely, if market
million) annually.This discussion is part of the 2025 Budgetary Guidelines Law, showing a commitment to agriculture.This strategy secures
agricultural growth and food security amid global market changes.
