Between July and September of this year, Agricultural and Livestock Plan 2018/2019 totaled R $ 50 billion, a 32% increase on the values requested by farmers in the same period last year, according to information from the Ministry of Agriculture, Livestock and Food Supply (MAPA).
According to the portfolio, the largest requests were made for costing operations, with R $ 29.8 billion, followed by commercialization operations, with R $ 9.3 billion, investment programs, which totaled R $ 8.5 billion, and industrialization, with R $ 2.5 billion. Regarding the availability of resources for the harvest, 26% of the volume was contracted, compared to 20% in the same period in the previous harvest.
Demand for credit in investment programs also grew by 30.2% in the last three months, Program for Modernization of Agriculture and Natural Resources Conservation (Moderagro), with growth of 391%, followed by the Program for Construction and Expansion of Warehouses (PCA), with 151%, and the Low Carbon Program (ABC), with 112%.
The Program for the Modernization of the Fleet of Agricultural Tractors and Associated Implements and Harvesters (Moderfrota), with a 35% participation in the total resources contracted for investments, grew by 59%. These lines should maintain growth, because in the months of August, September and October the greater demand is for the cost, due to the planting period of the crops, recalls the Secretary of Agricultural Policy of MAPA, Wilson Vaz de Araújo.
This text was translated by machine from Brazilian Portuguese.