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CMN to analyze pig farming vote

The National Monetary Council (CMN) is to analyze the vote authorizing the holding of Product Transport Bonus (PEP) auctions to support the sale of 76,000 tons of hogs, which corresponds to 50,000 carcass equivalent tons. The measure was announced last week by the Minister of Agriculture, Mendes Ribeiro, after meeting with representatives of pig farmers.

The decision is part of the package of measures that has been adopted by the government to give pig farmers the ability to cope with the crisis caused by the mismatch between high production costs and low prices from the sale of animals for slaughter.



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