In the evaluation of the Federation of Agriculture and Livestock of Mato Grosso (Famato) the Agricultural and Livestock Plan (PAP) 2018/19 meets part of the priorities of the rural productive sector of Mato Grosso. PAP 2018/2019, announced by the President of the Republic, Michel Temer, on Wednesday (06), will have R $ 194.3 billion to finance Brazilian agricultural production. The resources can be accessed by farmers between July 1 of this year and June 30, 2019.
“The PAP 2018/2019 does not address all the demands of the sector, but the drop in the interest rate of the investments for priority lines such as the Plan of Construction of Warehouses (PCA), ABC Program and Inovagro (Investments required for technological incorporation in rural properties) were partially met. Our concern was to bring interest rate differentiation to producers who want to build smaller structures, which serves the majority of producers in the state of Mato Grosso, “Famato Agriculture analyst Karine Machado said.
The demands of the productive sector of Mato Grosso were forwarded by the Agro MT Forum directly to the Secretariat of Agricultural Policy of the Ministry of Livestock and Supply Agriculture (MPLS) and also to the National Confederation of Agriculture (CNA), which also supported the State’s proposals and assisted with negotiations with the MPLS.
According to the analyst, the interest rate of 5.25% granted for financing the construction of warehouses with a capacity of up to 6 thousand tons on the properties of small and medium-sized rural producers is one of the main highlights. “We asked for a differential within the PCA to enable the improvement of the logistics of small and medium producers’ storage. The requested rate was 4.5% and even the announced rate was 0.75%, we already see as a good start. Serving most of the rural producers here in Mato Grosso, “said Karine. In general, the fall in interest rates on the main credit lines of the PAP was 1.5%.
Rural producers in Mato Grosso do not have much access to the Rural Insurance subsidy because of the time when the loans are made, but nonetheless the tool is considered important for risk mitigation. Karine regrets the modest budget offered to meet the Rural Insurance Subsidy Program (RSP). Regarding the marketing support budget, if government intervention was necessary to guarantee the Minimum Price Policy (PGPM), especially for maize in Mato Grosso, it was very important to announce a considerable volume of resources. “The guarantee in the resources of support to the commercialization is important for the sector, because this beacon the prices of market,” clarified Karine. Of the announced R $ 194.3 billion, R $ 151.1 billion will be allocated to funding and R $ 40 billion for investments. Also will be made available R $ 600 million for the PSR and R $ 2.6 billion for marketing support. Interest rates range from 5.25% to 9.5% per year.
This text was translated by machine from Brazilian Portuguese.