From July to October of this year, agricultural credit contracted under the Agricultural and Livestock Plan (PAP) totaled R $ 64 billion, registering a 26% increase over the amount acquired in the same period of the previous harvest, according to the Policy Secretariat Ministry of Agriculture, Livestock and Supply (MAPA).
According to the ministry, there has been an increase in the application of all credit purposes. In the costing, the increase was 20%, corresponding to a total applied of R $ 37.4 billion. Industrialization grew by 49%, totaling R $ 3 billion, and marketing increased by 30% over the previous crop, totaling R $ 11.3 billion. Investments totaled R $ 12.5 billion in the period, 38% above the same period of the previous crop.
According to the study, the number of contracts increased by 7%, accounting for 258 thousand operations. Agricultural activity accounted for 74% of the value applied, or R $ 47.4 billion. Already the livestock had R $ 16.7 billion contracted.
This text was translated by machine from Brazilian Portuguese.