BRAZIL: Coffee farmers to receive US$292m in aid
The Brazilian government has unveiled measures intended to calm a bearish coffee market and aid farmers struggling with below-cost prices resulting from global oversupply and weak demand. The government will hand out 690 million reals (US$292m) in credit to coffee growers who agree to store this year's crop until next year, agriculture minister Marcus Vinicius Pratini de Moraes said yesterday [Thursday].
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