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Government prepares measures to increase food production and reduce prices, says Fávaro.

The Minister of Agriculture also stated that the government may purchase surplus stocks to guarantee prices.

Carlos Henrique Fávaro (Photo: Valter Campanato/Agência Brasil)

(Reuters)- Agriculture Minister Carlos Fávaro said on Thursday that the government is preparing a framework of measures in the Harvest Plan, among other measures, to increase food production and reduce prices.

Speaking to reporters after a meeting with President Luiz Inácio Lula da Silva at the Planalto Palace, Fávaro also stated that the government may purchase stockpiles to guarantee prices.