Rule · BCB · 1 Jul 2025 · Resolução CMN 5231
The National Monetary Council approves the guaranteed prices for funding and investment operations maturing between July 10, 2025, and July 9, 2026, as detailed in Table 2 of Annex I. It also updates the reference typologies and regions for market price collection for products covered by the PGPAF, as specified in the revised Annex II. These changes apply to family agriculture producers and financial institutions operating under the National Program for Strengthening Family Agriculture (Pronaf). The resolution enters into force on July 10, 2025.
The current text of the MCR is available at the following electronic address: www3.bcb.gov.br/mcr.
CMN RESOLUTION NO. 5,231, OF JULY 1, 2025
Adjusts rules for the Price Guarantee Program for Family Agriculture – PGPAF, within the scope of the National Program for Strengthening Family Agriculture – Pronaf.
The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in an extraordinary session held on June 30, 2025, in accordance with Articles 4, caput, item VI, of Law No. 4,595, of December 31, 1964, Articles 4 and 14 of Law No. 4,829, of November 5, 1965, and Article 3, § 3, of Law No. 11,326, of July 24, 2006, and Decree No. 5,996, of December 20, 2006,
RESOLVES:
Art. 1. The guaranteed prices contained in Table 2 - Current guaranteed prices for funding and investment operations with maturity from 10/7/2025 to 9/7/2026 of Annex I - Tables of guaranteed prices for products covered by the Price Guarantee Program for Family Agriculture – PGPAF of Section 15 (Price Guarantee Program for Family Agriculture – PGPAF) of Chapter 10 (National Program for Strengthening Family Agriculture – Pronaf) of the Rural Credit Manual – MCR, are hereby approved, as per the annex to this Resolution.
Art. 2. Annex II - Reference typologies and regions for the purpose of collecting market prices for products covered by the PGPAF of Section 15 (Price Guarantee Program for Family Agriculture – PGPAF) of Chapter 10 (National Program for Strengthening Family Agriculture – Pronaf) of the MCR is hereby amended, as per the annex to this Resolution.
Art. 3. This Resolution enters into force on July 10, 2025.
GABRIEL MURICCA GALÍPOLO
President of the Central Bank of Brazil
“Annex I - Tables of guaranteed prices for products covered by the Price Guarantee Program for Family Agriculture – PGPAF:
........................................................................................................................................................................
| Table 2 - Current guaranteed prices for funding and investment operations with maturity from 10/7/2025 to 9/7/2026 | ||||
| Products | Regions and States | Unit | Guaranteed Price (R$) | |
| Pineapple | Brazil | kg | 1.02 | |
| Garlic | Brazil (except North) | kg | 14.80 | |
| Banana | Brazil (except MS, MT and SC) | 20kg | 32.45 | |
| MS, MT and SC | 17.99 | |||
| Cultivated natural rubber | Brazil | kg | 4.56 | |
| Cultivated cocoa (kernel) | Center-West and North | kg | 14.97 | |
| Northeast and ES | 16.57 | |||
| Cashew nut | Northeast and North | kg | 5.34 | |
| Arabica Coffee | Brazil | 60kg | 662.04 | |
| Conilon Coffee | Brazil | 60kg | 498.79 | |
| Yerba Mate | South | kg | 14.54 | |
| Orange | Brazil (except RS) | 40.8kg | 28.44 | |
| RS | 25.19 | |||
| Milk | Southeast and South | liter | 1.88 | |
| Center-West (except MT) | 1.87 | |||
| North and MT | 1.38 | |||
| Northeast | 2.17 | |||
| Honey | Brazil | kg | 16.71 | |
| Corn | Northeast | 60kg | 63.08 | |
| Sisal (processed raw fiber) | BA, PB and RN | kg | 4.72 | |
| Sorghum | Northeast | 60kg | 47.31 | |
| Wheat | South | 60kg | 78.51 | |
| Southeast | 82.40 | |||
| Center-West and BA | 82.40 |
” (New text)
“Annex II - Reference typologies and regions for the purpose of collecting market prices for products covered by the PGPAF
| Product | Reference typologies for market price collection | Regions and States | |
| Pineapple | Pérola | Brazil | |
| Açaí (in fruit, cultivated) | Northeast and North | ||
| Garlic | Nobre | Center-West, Northeast, Southeast and South | |
| Peanut (in shell) | Center-West, Northeast, Southeast and South | ||
| Rice (in shell) | Long fine | Brazil | |
| Banana | Nanica | MS, MT and SC | |
| Prata | Brazil (except MS, MT and SC) | ||
| Potato | English, in natura | Center-West, Northeast, Southeast and South | |
| Sweet potato | In natura | Brazil | |
| Rubber (natural, cultivated) | Cernambi | Brazil | |
| Cocoa (kernel, cultivated) | Center-West, Northeast, North and ES | ||
| Arabica Coffee | Brazil | ||
| Conilon Coffee | Brazil | ||
| Sugarcane | Northeast and Southeast | ||
| Caprine/ovine (meat, carcass) | Northeast | ||
| Yam/Taro | In natura | Brazil | |
| Cashew nut (kernel, in shell) | In natura | Northeast and North | |
| Brazil nut (in shell) | North | ||
| Onion | Yellow | Brazil | |
| Yerba Mate | In natura | South | |
| Beans (in grain) | Brazil | ||
| Cowpea beans (in grain) | Northeast, North and MT | ||
| Jute/Hemp (embonecada, raw fiber) | North | ||
| Orange | Industry | Brazil | |
| Milk | Cow, in natura | Brazil | |
| Apple | Gala or Fuji, in natura | South | |
| Cassava (root) | Industry | Brazil | |
| Mango | Tommy Atkins | Center-West, Northeast, North, Southeast and PR | |
| Passion fruit | Sour, in natura | Brazil | |
| Honey | Brazil | ||
| Corn (in grain) | Brazil | ||
| Black pepper (in grain) | Brazil | ||
| Sisal (raw fiber, processed) | BA, PB and RN | ||
| Soybean (in grain) | Brazil | ||
| Sorghum (in grain) | Brazil | ||
| Tangerine | In natura | Brazil | |
| Tomato | Long life - persimmon or Italian | Brazil | |
| Wheat (in grain) | Bread type | Center-West, Southeast, South and BA | |
| Grape | Industry | Northeast, Southeast and South |
” (New text)
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“Article 3, § 3, of Law No. 11,326, of July 24, 2006”
“Articles 4 and 14 of Law No. 4,829, of November 5, 1965”
“in accordance with Article 9 of Law No. 4,595, of December 31, 1964”
“and Decree No. 5,996, of December 20, 2006”
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