Global Trade Alert
Global Trade Alert

Brazil: Government increases total budget for the 2019/2020 Agricultural and Livestock Plan

Announcement

18 Jun 2019

The Government of Brazil has launched the 2019/2020 Agricultural and Livestock Plan allocating credits lines to farmers with lower interest rates than those set at the market. The total budget for the 2019/2020 Plan is BRL 225.59 billion (over USD 58.5 billion at the time the announcement was made). In comparison with the 2018/2019 Plan, the total budget has increased by over 15.6% (please, see related state act).

The new resources will be available for the period lasting between 1 July 2019 and 30 June 2020.

Source

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Number of interventions

8

2 certainly harmful

5 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jul 2019

Revocation date:

30 Jun 2020

Updated: 18 Jun 2019
Interest payment subsidy
<p>Finally, the 2019/2020 Agricultural and Livestock Plan that has been launched by the Brazilian government on 18 June 2019, has also increased the budget for the interest payment subsidy appli...
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Updated: 18 Jun 2019
State loan
<p>On 18 June 2019, the government of Brazil has launched the&nbsp;2019/2020 Agricultural and Livestock Plan of Brazil. Included in the program was an increase in the budget allocated to the...
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Implementation date

01 Jul 2019

Revocation date:

30 Jun 2020

Updated: 18 Jun 2019
Price stabilisation
<p>On the contrary, the total budget allocated to&nbsp;the program to support commercialization included in the Brazilian 2019/2020 Agricultural and Livestock Plan presented on&nbsp;18 J...
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Implementation date

01 Jul 2019

Revocation date:

30 Jun 2020

Updated: 18 Jun 2019
State loan
<p>Moreover, the Brazilian 2019/2020 Agricultural and Livestock Plan announced on&nbsp;18 June 2019 has also increased&nbsp;the total budget allocated to the PRODECOOP program.</p>...
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Updated: 18 Jun 2019
State loan
<p>Furthermore, the total budget allocated to Inovagro and included in the Brazilian 2018/2020 Agricultural and Livestock Plan&nbsp;launched on 18 June 2019,&nbsp;has also been increased...
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Updated: 18 Jun 2019
State loan
<p>Likewise,&nbsp;the Brazilian 2019/2020 Agricultural and Livestock Plan announced on 18 June 2019, has also increased the budget allocated to the Agricultural Carbon Reduction Program (i.e...
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Updated: 18 Jun 2019
State loan
<p>In the case of the&nbsp;MODERAGRO Program, the Brazilian government has announced during the launch of the&nbsp;2019/2020 Agricultural and Livestock Plan&nbsp;that has taken place...
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Updated: 18 Jun 2019
State loan
<p>The 2019/2020 Agricultural and Livestock Plan, that has been launched by the government of Brazil on 18 June 2019, the total budget allocated to MODEFROTA program was increased from BRL&n...
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