CMN Resolution No. 5,269 — Adjusts Rules of the Price Guarantee Program for Family Agriculture (PGPAF) under Pronaf

The current text of the MCR can be found at the following electronic address: www3.bcb.gov.br/mcr.

CMN RESOLUTION NO. 5,269, OF DECEMBER 18, 2025

Adjusts rules of 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 a session held on December 18, 2025, considering the provisions of Article 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 5 of Decree No. 5,996, of December 20, 2006,

R E S O L V E S:

Art. 1. The guaranteed prices contained in Table 1 - Current guaranteed prices for funding and investment operations maturing from 10/1/2026 to 9/1/2027 of Annex I - Guaranteed price tables 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 approved, as attached to this Resolution.

Art. 2. This Resolution enters into force on January 10, 2026.

GABRIEL MURICCA
GALÍPOLO

President of the Central Bank of Brazil

“Annex I - Guaranteed price tables for products covered by the Price Guarantee Program for Family Agriculture – PGPAF:

Table 1 - Current guaranteed prices for funding and investment operations maturing from 10/1/2026 to 9/1/2027
Products	Regions and States	Unit	Guaranteed Price (R$)
Cultivated Açaí (fruit)	Northeast and North	kg	2.44
Peanut	South, Southeast, Center-West and Northeast	25kg	51.61
Rice (in husk)	South (except PR)	50kg	63.74
Center-West, Northeast, North, Southeast and PR		60kg	80.00
Potato	South, Southeast, Northeast and Center-West	50kg	71.87
Sweet potato	Brazil	22kg	16.89
Sugarcane	Southeast	t	112.39
Northeast			145.34
Goat/Sheep (meat)	Northeast	kg	15.87
Taro/Yam	Brazil	kg	2.52
Onion	Brazil	kg	1.40
Beans	Brazil	60kg	181.23
Cowpea Beans	Northeast, North and MT	60kg	285.06
Jute/Malva (dressed)	North	kg	5.16
Apple	South	kg	1.30
Cassava (root)	Center-West, Southeast and South	t	508.23
North and Northeast			603.76
Mango	Center-West, Northeast, North, Southeast and PR	kg	3.47
Passion fruit	Brazil	kg	2.94
Corn	Southeast and PR	60kg	51.03
SC and RS			55.64
Center-West			38.28
North			52.39
Black pepper	Brazil	kg	15.34
Soybeans	Brazil	60kg	71.04
Sorghum	Southeast and PR	60kg	38.27
SC and RS			41.73
Center-West			28.71
North			39.29
Tangerine	Brazil	24kg	23.11
Tomato	Brazil	kg	1.90
Grape	South, Southeast and Northeast	kg	1.80

......................................................................................................................................................”(NR)