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The Turkish Grain Board (TMO) will continue to sell subsidized flour to bakeries in June in order to prevent the excessive increases in bread prices. The regulation by the Office had been planned to end as of May 31.

The Brazilian government cut import tariffs for several categories of goods, focusing on food staples in an attempt to reduce consumer inflation. Import tariffs on beef, chicken, corn, wheat flour, wheat, cookies and bakery products were eliminated through the end of the year.