Brazil’s 2025 budget includes R$300 million more for CONAB and R$148 million for EMBRAPA, focusing on grain reserves and research. However, these figures are below requested amounts. The proposal is currently under review by Congress, with potential amendments before approval.
Brazil is set to enhance funding for both the Companhia Nacional de Abastecimento (CONAB) and the Empresa Brasileira de Pesquisa Agropecuária (EMBRAPA) in its proposed 2025 budget. CONAB is allocated an additional R$300 million to bolster regulatory grain reserves, a strategic move aimed at mitigating food inflation. EMBRAPA will benefit from an increase of R$148 million directed towards research and development projects, though these amounts do not fully meet the entities’ requests.
In summation, Brazil’s proposed 2025 budget introduces additional resources for CONAB and EMBRAPA, although these increments are insufficient relative to their requests. Concern persists regarding the lack of funding for critical areas such as rural credit subsidies and rural insurance amid budget reductions in other agricultural sectors. Nevertheless, initiatives aimed at strengthening food reserves and supporting small farmers are evident, reflecting the government’s commitment to addressing food security challenges.
Original Source: valorinternational.globo.com
