Tereza Cristina says the announcement of the 20/21 Harvest Plan will be on June 17th

The Minister of Agriculture, Tereza Cristina, announced that the 2020/21 Harvest Plan will be released on June 17th. “It’s scheduled”, she assured, in a live broadcast promoted last Friday afternoon by MZR Consultoria. She highlighted, however, that the interest rate has not yet been finalized for the next agricultural cycle, which begins on July 1st. “Even if I had, I would be prevented from saying it,” he emphasized.

According to Tereza Cristina, the priority in agricultural credit for the 2020/21 season will, once again, be small and medium-sized producers. “We have to make small producers viable, so that they increasingly enter the high-level production system and have more income”, he explained, adding that since last year the agricultural policy in the Safra Plan has benefited small and medium-sized producers. “The large producer has other forms of financing; they can look for resources in the market.”

She cited the most recent fundraising tool for the agricultural sector, mainly for large producers, embedded in Law 13,986, of April 7, 2020 – the former Agro MP, which brought several changes to the private agribusiness financing system.

In any case, for the harvest year that begins on July 1st, Tereza Cristina showed concern about guaranteeing resources for investment lines, especially Inovagro, Moderagro, PCA and Moderfrota. In the case of PCA, for example, a line intended for storage, the minister said she had “nothing against” cooperatives and cereal producers, but reinforced that the producer “must have a warehouse on the property”. “He needs a silo-lung on the farm,” he said.

The minister also mentioned the poultry sector, which has greatly expanded foreign sales and demands large investments in food security. “The poultry sector needs a lot of capital. There is increasing demand in terms of biosafety in the area of health in these poultry farms; They increasingly need to modernize and need to meet more health requirements, both here and abroad.”

Even demonstrating concern about these lines of investment and on the verge of announcing the 2020/21 Harvest Plan, the minister acknowledged that it is still not what she would like. “It could be a little more (resources),” he said. “But the plan we are going to approve will leave agriculture with this possibility, of having credit and producing more.”

Tereza Cristina: I'm a little worried about Brazil's (agribusiness) dependence on China 

The Minister of Agriculture, Tereza Cristina, commented on the strong commercial relationship between Brazil and China, mainly in the export of soybeans, in a live broadcast promoted last Friday afternoon by MZR Consultoria. But, precisely for this reason, he said: “I'm a little worried about Brazil's dependence on China in soy exports, especially in recent years.” According to her, when trade between the United States (a major supplier of soybeans to China) and the Asian giant shuddered, Brazil occupied this space, “because there is no other country (to export the volume that China acquires)”. “It’s either Brazil or the United States.”

Although it recognizes that Brazil can and has “benefited, in a good way” from this commercial relationship, it is important to diversify its exports with China and other countries, but reduce this dependence. “We have already discussed, for example, with China a slightly greater opening for our soybean meal”, he mentioned. “And we also got a certificate to export cottonseed meal there. We opened this market, but we are still finishing its regulation. The melon too.”

She said she believes, however, that “it’s never good to put all your eggs in one basket.” “Brazil can benefit (from trade with China), but we have to be careful,” he continued. “Just as China cannot become dependent on a single supplier market, Brazil also has to look for new markets. This dependence is bad for both sides.”

Source: Notícias Agrícolas

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