Plan Safra 2022/2023 in Brazil

The 2023/2024 Crop Plan encourages the strengthening of environmentally sustainable production systems, with a reduction in interest rates for the recovery of pastures and rewards to rural producers who adopt agricultural practices considered more sustainable. Financing and marketing interest rates will be 8% per year for producers classified in PRONAMP and 12% per year for other producers. Regarding investments, interest rates vary between 7% per year and 12.5% ​​per year, depending on the program.