AreaBrazil

Commodity GroupOilseeds, oils and meals

CommodityAll

Date03/07/2024

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionPresented its agricultural support programme for the 2024/25 season, offering a total of BRL 508.6 billion (USD 93.8 billion) of loan to support the agriculture sector. Of this amount, BRL 400.6 billion (USD 73.9 billion) will be available to rural producers, a 10 percent increase from the previous season. The programme continued to encourage sustainable production practices through reduced interest rates.

NotesExchange rate as of 15 July 2024.