Conab increases PGPAF bonus for family farming products at peak harvest

Published 2020년 9월 8일

Tridge summary

An ordinance has been published to provide bonuses to farmers who use financing from the National Program for Strengthening Family Farming (Pronaf), as part of the Price Guarantee Program for Family Farming (PGPAF). The bonuses will be applied to products with lower market values due to overproduction, such as cashew nuts from Pernambuco and Piauí, Paraense oranges, and sugar cane from Espírito Santo. The bonuses will be calculated based on the average market value and will be renewed monthly. Farmers will receive a discount on the financing installments of Pronaf with the received bonus.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The bonuses to be paid to farmers who use financing from the National Program for Strengthening Family Farming (Pronaf) have already left and justify greater value for products at the peak of the harvest, such as the cashew nut from Pernambuco and Piauí, the orange from Pará and the sugar cane of Espírito Santo. The ordinance with the list of products was published in the Federal Official Gazette, valid from September 10 to October 9. The bonus is from the Price Guarantee Program for Family Farming (PGPAF) and the premium is calculated by the National Supply Company (Conab), based on the average market value. In the case of cashew nuts from the two northeastern states, the large quantity produced brought down market prices, which are leaving R $ 2.28 for the first and R $ 2.67 per kilo, in the second, with a correction. to R $ 3.98 / kg and a bonus guarantee of 42.71% and 32.91%, respectively. Paraense oranges, with an average market price of R $ 14.79 / 40.8 kg, justified the ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.