Beef cattle producers in Acre will be able to renegotiate rural credit

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Family farmers, medium-sized producers and other rural producers whose income has been harmed, in several states, by adverse weather conditions or difficulties in marketing due to a reduction in market prices, will be able to renegotiate the installments relating to rural investment credit.

Resolution No. 5,123/2024, of the National Monetary Council, was approved on Thursday (28) and published this Monday, April 1, in the Official Gazette of the Union. The measure amends the Rural Credit Manual (MCR) and authorizes the renegotiation of up to 100% of the principal of installments – due or falling due in the period from January 2nd to December 30th, 2024 – that are in good standing until December 30th, 2023.

The deadline for formalizing the renegotiation is May 31, 2024. To carry out the renegotiation, the operations must necessarily be linked to one of the following productive activities, as long as the enterprise is located in the respective Federation Units:

– Production of soybeans, corn and beef cattle farming in Goiás and Mato Grosso;

– Meat and dairy farming in Minas Gerais;

– Production of soy, corn and dairy cattle in São Paulo, Paraná, Rio Grande do Sul and Santa Catarina;

– Production of beef cattle farming in Rondônia, Roraima, Pará, Acre, Amapá, Amazonas and Tocantins;

– Production of soy, corn and dairy and meat cattle farming in Mato Grosso do Sul; It is

– Dairy cattle farming in Espírito Santo and Rio de Janeiro.

The text also highlights that rural producers who have rural credit operations with installments scheduled for payment in 2024 referring to products, activities and regions not covered under the terms of the resolution may request renegotiation in special cases, if they have difficulties in making the payment in depending on the situations described in the publication.

However, those interested in the negotiation must pay, at least, the amount referring to the financial charges contractually foreseen for the year 2024, particularly the charges for the installments due due date until the date of formalization of the renegotiation. After formalization, the contractual charges relating to the remaining installments of the year must be paid by the respective due dates.

The installments whose renegotiation was authorized are those related to rural credit operations contracted with resources controlled by constitutional regional financing funds, the National Program for Strengthening Family Agriculture (Pronaf), the National Support Program for Medium Rural Producers (Pronamp), of Programs with resources from BNDES, in addition to those contracted with resources from other sources by the National Treasury.

The article is in Portuguese

Tags: Beef cattle producers Acre renegotiate rural credit

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