In an interview with Power360, Minister Paulo Teixeira said he wanted to “carefully” reinforce beans, rice and wheat stocks
The Minister of Social and Agrarian Development, Paulo Teixeira, said on Wednesday (4.Fev.2025) that the government will claim in the budget of 2025, which will still be analyzed by Congress, R $ 1 billion To make a stock, especially rice, beans and wheat. According to him, it is necessary to reinforce in a way “Careful” reservations against “High conjuncture of some foods”.
“We are estimating that $ 1 billion can start this stock. If you have $ 1 billion to stock up, I think you can focus on rice, beans and wheat. So, with these products we can do a well inventory, let’s say, careful. And so, in a progressive way ”he said.
In an interview with Poder360the head of the agency stated that the negotiation could be done through the Food Acquisition Program (PAA) or by direct public inventory (direct purchase of the producer).
“We will now discuss in the budget, we have to make resources possible, it is the measure of public inventories. That is, as we do, in a very careful way, in a very progressive way, public stocks to face the high conjunctural of some foods ”he declared.
Watch a summary of Paulo Teixeira’s interview (3min19s):
The idea behind food stocks is to give the government control over at least 1 of the aspects of food price formation, which is supply and demand.
The minister said that, during this government, Conab (National Supply Company), which according to him “expertise” In doing this stock, bought corn when prices were below normal. Later, when prices fired from the drought, the agency sold inventory to northeastern producers to have food for their animals.
Teixeira has ruled out that the government will take any interventionist measure in food prices. The idea is to encourage production, increasing demand and overthrowing prices.
According to him, the new Safra Plan, to be announced in June, should have a special incentive for medium producers. These are, according to the minister, who produce the items of the basic basket.
He stated that the main justification for increasing food prices was the high of the dollar. With the fall of the US currency, prices must respond in the short term.
Diesel without interference
On Friday (31.jan), Petrobras an increase of R $ 0.22 in fuel from Saturday (1st.FEV), to R $ 3.72. However, as anticipated by Poder360the increase would be to cover the lag.
The price of diesel to marketed in refineries is 9% below the practiced in the Gulf of Mexico, used as a reference of the PPI (import parity price). The information is contained in the Bulletin of Monday (3.FEV) of (Brazilian Association of Fuel Importers).
Asked how this readjustment can affect the price of food, Teixeira stated that the prices follow below, in real values, of what was practiced in 2022, under (PL).
The minister said the state -owned company cannot have damage to maintain low food prices. That the measures on the president’s table (PT) are increasing production, encouraging producers.
“O ideal is to have as little as possible [de reajustes]but you can’t, say so, make a company like Petrobras haveAra hold prices. So, we have to stimulate the production of more food, stimulate anyway that it gets cheaper, But we cannot break Petrobras. On the contrary, we want Petrobras to be a strong company ”he said.
