Home Business Food prices will fall high in the coming weeks The economy

Food prices will fall high in the coming weeks The economy

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Agriculture and livestock minister Carlos Fevaro said on Wednesday that the global prices (primary goods with international quotation) will be further further further in the coming weeks. According to him, the list is also due to other factors such as restoration and other factors such as the fall of eggs after Easter.

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According to the minister, the government has launched the results of actions taken without direct interference in the market, prefer to work by stimulating the crop and expanding the supply.

“We are very confident that food prices will be given to the supermarket, consumer and more than today when stimulating the Brazilian crop, without any pyrootechnics, with orthodox actions,” he said.

Crop plan

Fevaro met with Finance Minister Fernando Haddad this afternoon to discuss the Safra 2025-2026 plan, which will come into effect from July 1. According to the Agriculture and Livestock Minister, the national program’s credit lines will be subsidized for supporting the rural producer (sample) amidst the preference of the portfolio.

“The idea is that we will spend as much as possible at the current level, at the current level, with 8% interest per year, but we need too much vault resources for it,” Fevaro said.

Billion has 65 billion for the current crop plan interest equalsization. Selic rate (basic interest rates of the economy) increases by 14.25% a year, and more budget resources are required to maintain interest on the crop plan. This is because the National Treasury Crop Plan and Market Rates The difference between interest rates.

Big producers

For larger producers, the Ministry of Agriculture and the Ministry of Livestock is discussing the expansion of lines connected to the dollar, Fevaro said. According to him, the great producer is protected from the dollar’s discharge because it exports most of the product that follows international quotations.

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Fevaro reported that he had met with Bonco Do Do Brassil and would discuss with other banks that manage rural credit.

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