Entities estimate BRL 400 billion for the Harvest Plan 2023/2024

Approximately R$400 billion will be needed for the 2023/2024 Crop Plan. The value was raised during a debate in the Chamber of Deputies, which included entities representing the sector, parliamentarians and representatives of the federal government. The estimated amount represents an increase of 17% compared to that forecast for the 2022/2023 harvest, which runs until June 30. Of the amount, 70% must be allocated to funding and marketing, and 30% must cover investments.

The projection presented by the Confederation of Agriculture and Livestock of Brazil (CNA) is R$ 404 billion, while that of the Organization of Brazilian Cooperatives (OCB) is R$ 410 billion. The representative of the Ministry of Agriculture and Livestock, Deputy Secretary for Agricultural Policy Wilson Vaz de Araújo, also estimates a value close to that of the entities, but points out that there is still no own budget and that the available funding sources still do not reach all needs. .

The undersecretary for Agricultural Policy and Agro-environmental Business at the Ministry of Finance, Gilson Bittencourt, said that the plan is being drawn up and the value will be finalized in the next few days. “Our challenge, I will only emphasize, is to seek more resources. Of course, it will be a government action, and it will have to depend on congressional support, but it will be a government initiative. And at the moment we are first trying to expand the sources of resources, once the source of resources is expanded, try to close the design in order to meet the greatest possible volume of resources and producers”.

The technical director of the National Agricultural Confederation (CNA), Bruno Barcelos Lucchi, presented a comparison between the growth in the value of inputs in both agriculture and livestock, and highlighted the importance of a Crop Plan that collaborates with producers in this context. “The situation of the cattle rancher and the farmer for this year’s Crop is one of tight margins, narrower margins, hence the need for us to have a more robust Crop Plan, which will help him to go through this moment of turbulence in a more amenable way ”, he pondered.

The public hearing was held at the suggestion of Deputy Sergio Souza (MDB-PR), by the Committee on Agriculture, Livestock, Supply and Rural Development. The meeting was chaired by Deputy Tião Medeiros (PP-PR), chairman of the committee. Other deputies and representatives of the Ministry of Agrarian Development, the Brazilian Federation of Banks (Febraban) and Banco do Brasil also participated.