The Ministry of Agriculture has released an additional R$360 million for Brazil’s Rural Insurance Premium Subsidy Program (PSR), as part of the R$1 billion approved for 2025. Including the R$179 million disbursed in May, a total of R$539 million is now allocated. The funds will be distributed by August, with the majority (R$280 million) directed to winter crops. Despite this, the government has temporarily blocked R$445 million from the PSR budget to meet fiscal targets, which could impact summer crop insurance. The subsidy covers 40% of insurance premiums for most crops and 20% for soybeans. The PSR benefits rural producers regardless of their access to rural credit and currently involves 17 insurance companies.
Source: Revista Cultivar
MINISTRY OF AGRICULTURE RELEASES R$360 MILLION FOR RURAL INSURANCE
Published On - 26 de June de 2025