Former special advisor to economic affairs at the Ministry of, Rogério Boueri evaluates that the plan is losing protagonism, although it is still the.
This week, the president (PT) announced the launch of the plan for the 2025 biennium and 2026, e.
“It is obviously short of the necessary. The crop plan is no longer able to follow the growth of Brazilian livestock,” says Boueri.
He was a special advisor and the minister’s Undersecretary of Agricultural Policy during the Government of (PL). It is also one of Fiagro’s main encouragement – parallel mechanism, based on private capital -, as well as working in the second term of (PT) and under (MDB).
The government has announced that this is the largest plan in history, but Boueri says this is only true for comparing nominal values. If analyzed, for example, the growth of in the period between this crop and the previous one, in addition to the increase in production cost, this statement would not be sustained, he argues.
For him, the government does not make “Crassos errors”. On the other hand, some factors strangle the growth of the plan, for example the interest at 15%, a point criticized by Lula’s allies – if the Selic rate is higher, the higher the government’s difficulty to be able to offer more attractive credits.
Then the context of the tightening of public accounts, since the expenses of the crop plan are subject to court. Finally, the damage caused by climate events, which force the producer to renegotiate their financing – with extra cost to the Union.
“We have a perfect storm that squeezes the crop plan. One: Selic Alta. Two: Restricted budget resources. Three: renegotiations according to climate weather,” he says.
He estimates that, for now, the crop still offers lower interest rates than the market, and should be attractive to the industry, but this will decrease over time. Who should gain space are the financing programs with private capital, such as Fiagro, argues.
“The crop plan is losing the protagonism,” he says. “The Brazilian capital market has 7% to 8% for agribusiness. Agribusiness is almost 30% of the Brazilian economy, so there is a clear lag that I think will be filled,” he says.
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