Global Trade Alert
Global Trade Alert

Brazil: Government decreases total budget for the 2018/2019 Agricultural and Livestock Plan

Announcement

06 Jun 2018

The Government of Brazil launched the 2018/2019 Agricultural and Livestock Plan allocating credits lines to farmers with lower interest rates than those set at the market. The total budget for the 2018/2019 Plan is BRL 194.3 billion (circa USD 50.8 billion at the time the announcement was made). In comparison with the 2017/2018 plan, the total budget has decreased by 2.85%.

Source

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Number of interventions

10

5 certainly harmful

1 likely harmful

4 liberalising

List of interventions

Implementation date

01 Jul 2018

Revocation date:

30 Jun 2019

Announced: 06 Jun 2018
Interest payment subsidy
Finally, the 2018/2019 Agricultural and Livestock Plan launched by the Brazilian government on 6 June 2018, also increased the budget for the interest payment subsidy applied to the Rural Insurance Pr...
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Announced: 06 Jun 2018
Price stabilisation
Moreover, the total budget allocated to the program to support commercialization included in the Brazilian 2018/2019 Agricultural and Livestock Plan presented on 6 June 2018, was also increased. The n...
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Announced: 06 Jun 2018
State loan
Another budgetary increase announced on the 2018/2019 Agricultural and Livestock Plan by the Ministry of Agriculture of Brazil 6 June 2018, applies to the PCA program. The new budget has been set at B...
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Announced: 06 Jun 2018
State loan
Also, the Brazilian Ministry of Agriculture announced an increase on the budget of the MODERINFRA Program enclosed on the 2018/2019 Agricultural and Livestock Plan. The new budget was set at BRL 850 m...
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Announced: 06 Jun 2018
State loan
On the contrary, the 2018/2019 Agricultural and Livestock Plan launched on 6 June 2018, by the Brazilian government, increased the budget for the MODERAGRO Program. The new budget was set at BRL 800 ...
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Implementation date

01 Jul 2018

Revocation date:

30 Jun 2019

Announced: 06 Jun 2018
State loan
In addition, the total budget allocated in the 2018/2019 Agricultural and Livestock Plan launched on 6 June 2018, to the Bancos Cooperativos program was decreased. The new budget was set at BRL 230 m...
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Announced: 06 Jun 2018
State loan
Furthermore, the total budget allocated to Inovagro and included in the Brazilian 2018/2019 Agricultural and Livestock Plan launched on 6 June 2018, was also decreased. The new budget was set at BRL 1...
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Announced: 06 Jun 2018
State loan
Likewise, the Brazilian 2018/2019 Agricultural and Livestock Plan announced on 6 June 2018, also decreased the budget allocated to the Agricultural Carbon Reduction Program (i.e. ABC by its acronym in...
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Implementation date

01 Jul 2018

Revocation date:

29 Apr 2019

Announced: 06 Jun 2018
State loan
In the 2018/2019 Agricultural and Livestock Plan, launched by the government of Brazil on 6 June 2018, the total budget allocated to MODEFROTA program was decreased from BRL 9.2 billion (USD 2.4 billi...
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Implementation date

01 Jul 2018

Revocation date:

30 Jun 2019

Announced: 06 Jun 2018
State loan
On 6 June 2018, the government of Brazil launched the 2018/2019 Agricultural and Livestock Plan of Brazil. Included in the program was a decrease in the budget allocated to the PRONAMP credit lines. T...
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