Federarroz guides producers on financing maturities

The Federation of Rice Growers' Associations of Rio Grande do Sul (Federarroz) is advising producers to adopt measures to pay the due dates for financing related to the 2018/2019 harvest. The entity issued a statement to producers this Friday, May 3rd.

In the document, Federarroz reinforced that, in case of impossibility of payment, the producer must avoid default, and must seek appropriate solutions for each business with the respective financial agent, "in order to enhance the maintenance of loan pacts under the nature of rural credit and, afterwards, with the protections inherent in the Rural Credit Manual", highlighted the statement.

The entity reiterated the guidance from previous years, given the occurrence of climatic phenomena that once again caused unavoidable losses to rice farmers in Rio Grande do Sul, in addition to the constant rise in production costs that have made it unfeasible to maintain the activity for a significant portion of rice producers in Rio Grande. southern.

Federarroz ended the note by remembering that the entities representing the sector have already adopted relative measures to enhance solutions with the main financial agents.