The Coffee Policy Deliberative Council (CDPC) approved, in a meeting on Wednesday (30/03), the amount of R$ 6,05 billion and the distribution of resources from the Coffee Economy Defense Fund (Funcafé) for the 2022 harvest /2023. The decision still needs to be voted on by the National Monetary Council (CMN).
At the opening of the meeting, the Minister of Agriculture, Tereza Cristina, thanked the Council members for the partnership and work carried out in favor of Brazilian coffee farming. The minister leaves her position this Thursday (31/03), which will be taken over by Marcos Montes, current executive secretary of the department.
Regarding the distribution of resources for the 2022/2023 harvest, the amounts of R$2,17 billion for marketing financing and R$1,57 billion for funding were approved. The allocation of R$1,38 billion is also planned for the Coffee Acquisition (FAC) financing line, R$775 million for working capital and R$160 million for the recovery of damaged coffee plantations.
In addition to approving resources for Funcafé, the CDPC discussed the proposal to change the funding credit limit for production cooperatives. Currently the limit for this line, defined in the Rural Credit Manual, is R$30 million per production cooperative and R$3 million per coffee farmer. The Council voted to change the limit, increasing it from R$30 million to R$50 million.
The Brazilian Agriculture and Livestock Confederation (CNA), a member of the CDPC Technical Committee, was the only entity to defend the maintenance of the limits, highlighting that the main beneficiaries of funding are coffee growers who contract these resources directly with banks and credit cooperatives.
In the 2021/2022 financial year, these institutions moved R$804 million, which corresponds to 84% of the amounts contracted by the final beneficiaries.
During the meeting, the CNA added that the average capitation per production cooperative was only R$8,6 million, with only two cooperatives contracting the limit of R$30 million.
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Research indicates that the best strategy is to monitor both pests early, to detect the presence of these insects in the orchard and monitor the population until control levels are reached, avoiding fruit loss.
