Global Trade Alert
Global Trade Alert

Brazil: Government increases total budget for the 2024/2025 Agricultural and Livestock Plan

Announcement

03 Jul 2024

In July 2024, the government of Brazil launched the 2024/2025 Agricultural and Livestock Plan approving different measures to support farmers. The annual budget for the 2024/2025 Plan was increased from BRL 364.2 billion (USD 65.4 billion) to BRL 400.6 (USD 71.9 billion).

Source

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Number of interventions

10

5 certainly harmful

0 likely harmful

5 liberalising

List of interventions

Implementation date

03 Jul 2024

Revocation date:

30 Jun 2025

Announced: 03 Jul 2024
Local content incentive
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil decreased the annual budget of several credit schemes for their 2024/2025 edition. These schemes are partially implemented by the Na...
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Announced: 03 Jul 2024
State loan
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil decreased the annual budget of the National Support Programme for Medium Rural Producers (Pronamp in Portuguese) credit scheme. Spec...
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Announced: 03 Jul 2024
State loan
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil decreased the annual budget of the Cooperative Development Programme for Adding Value to Agricultural Production (Prodecoop in Portu...
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Announced: 03 Jul 2024
State loan
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil decreased the annual budget of the Inovagro credit scheme. Specifically, the annual budget for its 2024/2025 edition was set at BRL ...
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Announced: 03 Jul 2024
State loan
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil decreased the annual budget of the credit Programme for Modernisation of Fleet of Agricultural Tractors and Associated Implements an...
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Implementation date

03 Jul 2024

Revocation date:

30 Jun 2025

Announced: 03 Jul 2024
Local content incentive
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil increased the annual budget of several credit schemes for their 2024/2025 edition. These schemes are partially implemented by the Na...
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Announced: 03 Jul 2024
State loan
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil increased the annual budget of the Construction and Expansion of Warehouses (PCA in Portuguese) credit scheme. Specifically, the ann...
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Announced: 03 Jul 2024
State loan
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil increased the annual budget of the RenovAgro credit scheme (previously known as Agricultural Carbon Reduction Programme or ABC in Po...
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Announced: 03 Jul 2024
State loan
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil increased the annual budget of the Proirriga credit scheme. Specifically, the annual budget for its 2024/2025 edition was set at BRL...
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Announced: 03 Jul 2024
State loan
On 3 July 2024, the Ministry of Agriculture and Livestock of Brazil increased the annual budget of the credit Modernisation of Agriculture and Conservation of Natural Resources (Moderagro in Portugues...
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