Governments are guilty
According to AI:
Yes, Brazil subsidizes the production and sale of vegetable oil. The country is one of the world's largest producers of vegetable oils, particularly soybeans, canola, and sunflowers. The Brazilian government offers several incentives to support the production and export of these products.
Some examples of subsidies include:
Rural credit: The government offers specialized credit lines for farmers, with lower interest rates than those practiced by the market, to finance the production of crops such as soybeans and canola.
Diesel subsidy: The government subsidizes the price of diesel fuel used in agriculture, which helps reduce farmers' production costs.
Tax incentives: Some regions in Brazil offer tax incentives, such as tax exemptions or reductions, for companies that produce vegetable oils.
Export support: The Brazilian government also provides support for exporting vegetable oils, including export subsidies and logistical support.
These subsidies aim to increase the competitiveness of Brazil's vegetable oil industry in the international market and help ensure food security for the country.
zarko / Zarko
npub1g7…q730z
2025-02-17 12:59:50
in reply to nevent1q…ngnl
Author Public Key
npub1g7tavhda0yc8857nj22feuytgxskg4dlpfyql6r2d99egajrss7ssq730zPublished at
2025-02-17 12:59:50Event JSON
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