Sadia is one of the world’s leading producers of chilled and frozen foods. Established in Brazil in 194...
Cyrela Brazil Realty is the largest residential real estate developer in Brazil. Considered one of the m...
Today, Banco do Brasil is the largest financial institution in the Country with 24.4 million clients and ...
CPFL Energia is a holding company in Brazilian electricity sector, operating through its subsidiaries in ...
Copersucar S.A. is the largest Brazilian sugar, ethanol and bioenergy company and a significant player in...

Published list of products with bonuses in May for Price Guarantee for Family Agriculture

Eleven products were priced below market and will have discounts on the amortization or liquidation of Pronaf

The Agricultural Policy Secretariat of the Ministry of Agriculture, Livestock and Food Supply released on Wednesday (8) the list of products with bonuses, published in the Official Gazette of the Union. Eleven products that presented market prices below the guarantee prices will have discounts at the moment of amortization or liquidation of the credit obtained from the National Program for Strengthening Family Agriculture (Pronaf). This process is automatic and done directly at the financial institution where the producer has contracted the financing.

For investment financing that does not have a main product that will be the source of income for payment of the credit operation or that the product is not covered by the Family Farm Price Guarantee Program (PGPAF), there may be a discount using "Basket of products", which is a composition of the bonuses of the main food products cultivated by family farmers (maize, milk, beans and manioc root). 

Adherence to the program is automatic and at no cost to the farmer. To be entitled to the benefit, the farmer or farmer must pay the installments until the due date. Delinquent operations will not be entitled to the abovementioned discounts.

The table with the list of discount products is published monthly in the Federal Official Gazette. With the publication of the table, the bonus is applied by the bank on the amount of the financing or the amount to be amortized, ensuring that family farmers ensure, at least, the cost of production to guarantee payment of the credit operation.

For more information, please contact us by e-mail:  pgpaf.spa@agricultura.gov.br  or  pronaf.spa@agricultura.gov.br or by phone (61) 3218 2603.

Source: National Supply Company (Conab)