The government released a budget of R$ 50 million for grain producers from the North and Northeast regions through the Subsidy Program for the Rural Insurance Premium (PSR). The project intends to boost rural producers to contract insurance policies, with focus on the cultivation of corn, said the Ministry of Agriculture. The secretary of Agricultural Policy at the Ministry of Agriculture, César Halum, said in a note that the project aims to “foster the offer of insurance and increase the number of policies in these regions”. In 2021, the first crop corn will have special attention, receiving R$ 20 million of the total budget for the project. In 2019, statistics grew by 109% compared to 2018, proving effectiveness of the government grant. The producer who is interested in contracting rural insurance must look for an insurance broker or a financial institution.
Sources: Agência Estado/Nova Cana (*Translated by Ia Niani)