“The government’s plan is within the conditions of the market. This is what is possible for the moment “, so João Marchesan, Chairman of the Board of Directors of ABIMAQ – Brazilian Association of Machinery and Equipment Industry, classified the Agricultural and Livestock Plan for the 2018/19 crop. The amount allocated to agribusiness will reach R $ 194.3 billion, with a 1.5% reduction in interest rates of rural credit to finance and support the commercialization of Brazilian agricultural production.
According to Marchesan, it is important to stress that the values for investment were maintained at the same level as last year. For the leader, the investment should be a priority in the country, since we are going through a great revolution generated by the technological innovation of machinery and equipment.
This text was translated by machine from Brazilian Portuguese.