Employment of rural credit in 2018 have R $64 billion

A survey made by the Ministry of Agricultural Policy of the Ministry of agriculture, livestock and food supply (Mapa) points out that the hiring of rural credit for medium-and large-sized rural producers R $64 billion, from July to October this year, 26% more than that previous harvest in the same period. To the Secretary of Agricultural Policy, Wilson Vaz de Araújo, the release of funds remains strong, both of costing how much investment. "Our expectation is that, from now on, the demand for funding is reduced, and increase the demand for resources for investment," he says. The data listed in the procurement of Agricultural Financing Report of release of funds of the crop 2018/2019 show that there was an increase in all the purposes of the credit. In costing, the increase was 20%, corresponding to a total applied R $37.4 billion. Industrialization grew 49 percent, totaling $3 billion, R and the marketing was discharged to 30% higher than the last crop, adding R $11.3 billion. Total investments in the period of applications R $12.5 billion, 38% higher than the same period of the previous harvest.