Brazilian Ag Subsidies Face Major Changes

Several financial institutions in Brazil confirmed that they are aware that the Bolsonaro administration will implement major changes in the country’s subsidy system. In a discussion held during Coopavel, a farm show in Cascavel, in the state of Paraná, representatives of major institutions said they are getting prepared for the change. Most farm subsidies available in Brazil are used for credit to buy agricultural machinery, but now that would shift to farm insurance.

“The average…

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