Minister states that funding funds will follow unchanged for the season and will still be attractive to other market funds in the future
The Minister of Agriculture and Livestock, (PSD), said on Tuesday (10.Jun.2025) that the (agribusiness letters of credit) will not impact the loss of resources for the 2025/2026 crop, as the measure will be valid with a quarantine period of 90 days. If the proposal is approved for the next seasons, the financing fund will continue to be attractive in comparison with other market funds, according to him.
“We have the period of ‘nineteen’ and the congressional proposal is for 2026. LCA is so attractive that today we have around R $ 650 billion in the turn. These R $ 650 billion are guaranteed without any taxation for 2025/26. Has no risk of reducing financing for the next crop plan ”, stated.
According to him, investment in LCA is growing because financial institutions consider the form of secure financing. If it is taxed, the banks do not “They would pass on the total increase to investors” And she will continue to be more “interesting” than other funds, he says.
“There is a discussion that the impact is almost zero in the interest rate. There is zero impact on attractiveness in other sources of investment, which has more taxation.”
The deputy (PP-PR), who participated in a meeting with the minister today in the Capadr (Commission of Agriculture, Livestock, Supply and Rural Development) of the House on this 3rd, said the conversation was in tone “APAZIGATOR” and that the minister tried to “erase the federal government fires.”
“The minister came with an appeazer tone […] Do what the government had to have done from the beginning. Before stirring agro, before stirring the LCA, sit at the table and combine the game with us. Once again the Minister of Agriculture has to come here to put out a fire, ”he said at the end of the meeting.
According to the congressman, who chairs the FPA (Parliamentary Front of Agriculture), the understanding of the impacts of taxation of LCAs is different from the minister’s understanding.
“He tried to explain to us in relation to the remuneration of the funds, that there would be no escape from capital […] I still have the understanding that taxing the LCA will lose its attractiveness and will have no doubt escape, so the minister understands otherwise. ”
According to the deputy, the Civil House must present the text of the Provisional Measure on Wednesday (11.Jun). From there, the FPA will present alternatives to taxation.
The minister said the government is open to hear the suggestions of Congress.
