Como Melhorar a Produtividade Agrícola no Brasil: O Potencial Inexplorado da Política de Risco de Preços

The report finds that Brazil's current public price risk mitigation policies are inefficient, providing only R$ 4 billion in gains despite a R$ 5.4 billion federal budget in 2013. Simulation results indicate that farmers would be willing to pay approximately R$ 50 billion to mitigate price risks for soy, sugarcane, corn, and coffee, suggesting a significant unmet market demand. The authors recommend that the Brazilian government move away from direct production purchases and instead subsidize private market instruments, such as put options, to improve agricultural productivity and economic growth.

• Current price risk mitigation policies in Brazil are insufficient and fail to meet market needs. While these policies generate approximately R$ 4 billion in gains for farmers, representing 8% of total production value, simulations show farmers would be willing to pay about R$ 50 billion (26% of total production value) to avoid price risks for soy, sugarcane, corn, and coffee.
• The federal budget for price risk mitigation in 2013 lacked cost-effectiveness, with expenditures exceeding the gains produced by the model. The total federal budget was R$ 5.4 billion, with over 40% spent on government purchases and storage costs, yet the resulting gains were only R$ 4 billion.
• Small farmers are the most vulnerable to price risk and would be the primary beneficiaries of improved mitigation policies, such as insurance.
• The inefficiency of Brazil's current policies is attributed to their origin in the 1960s, when they were designed to prevent extreme risks like hunger and poverty rather than to manage price volatility. The report suggests Brazil follow the trend of the US and EU by moving away from public acquisitions and instead incentivizing private market instruments like put options, citing a program in the state of São Paulo since 2011 as a model.

APA

Assunção, J., Gandour, C., & Hemsley, P. (2015). Como Melhorar a Produtividade Agrícola no Brasil: O Potencial Inexplorado da Política de Risco de Preços. Climate Policy Initiative. https://www.climatepolicyinitiative.org/wp-content/uploads/2015/02/ES_Como-melhorar-a-produtividade-agricola-no-Brasil_Final.pdf

Chicago

Assunção, Juliano, Clarissa Gandour, and Pedro Hemsley. Como Melhorar a Produtividade Agrícola no Brasil: O Potencial Inexplorado da Política de Risco de Preços. Climate Policy Initiative, 2015. https://www.climatepolicyinitiative.org/wp-content/uploads/2015/02/ES_Como-melhorar-a-produtividade-agricola-no-Brasil_Final.pdf.

Wikipedia

{{cite report |last1=Assunção |first1=Juliano |last2=Gandour |first2=Clarissa |last3=Hemsley |first3=Pedro |title=Como Melhorar a Produtividade Agrícola no Brasil: O Potencial Inexplorado da Política de Risco de Preços |publisher=Climate Policy Initiative |date=January 2015 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2015/02/ES_Como-melhorar-a-produtividade-agricola-no-Brasil_Final.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{assuno2015como, author = {Assunção, Juliano and Gandour, Clarissa and Hemsley, Pedro}, title = {{Como Melhorar a Produtividade Agrícola no Brasil: O Potencial Inexplorado da Política de Risco de Preços}}, institution = {Climate Policy Initiative}, year = {2015}, month = jan, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2015/02/ES_Como-melhorar-a-produtividade-agricola-no-Brasil_Final.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }