2024-2025 CROP PLAN TO HAVE MORE THAN BRL 475 BILLION

The Minister of Agriculture Carlos Fávaro has announced that the 2024-2025 Crop Plan will now surpass BRL 475 billion following a delay in its official launch. This decision to disclose details early was made to encourage the agriculture sector. It’s estimated that around 17 billion reais will be allocated to equalizing interest rates. The official announcement will be made at the Planalto Palace, along with an agricultural equipment display highlighting the most recent advancements in the area. The goal is to bring together major agriculture representatives, reaffirming the government’s commitment to improving connections with the industry and promoting the progress and modernization of Brazilian agriculture.
Source: JP News (*Translated by Ia Niani)