CROP PLAN REACHES BRL 270 BILLION IN SEVEN MONTHS

Between July 2023 and January 2024, the 2023-24 Crop Plan granted BRL 270.9 billion in rural finance, representing a 16% increase over the previous year. The funding cost was BRL 152 billion, while investments were BRL 62 billion. During this time, 1,369,816 contracts were signed, with an emphasis on Pronaf and Pronamp. The funds were given to various types of farmers, with corporate farmers receiving BRL 232 billion, small producers receiving BRL 39 billion, and medium-sized producers receiving BRL 37.2 billion. ModerAgro and Pronamp had considerable gains during this time. Additionally, the percentage of equalizable free resources increased, reaching BRL 12.7 billion.
Source: Agrolink (*Translated by Ia Niani)