CMN Resolution No. 5,288 — Adjusts Rules for Pronaf and RenovAgro Agricultural Financing Programs

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

RESOLUTION
CMN NO. 5,288, OF MARCH 26, 2026

Adjusts rules of the National Program for Strengthening Family Agriculture – Pronaf and the Financing Program for Sustainable Agricultural Production Systems – RenovAgro.

The Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on March 26, 2026, in accordance with Arts. 4, paragraph , item VI, of Law No. 4,595, of December 31, 1964, 4 and 14 of Law No. 4,829, of November 5, 1965, 48, § 1, of Law No. 8,171, of January 17, 1991, and 3, § 3, of Law No. 11,326, of July 24, 2006,

R E S O L V E S

Art. 1º
Section 6 (National Program for Strengthening Family Agriculture –
Pronaf) of Chapter 7 (Financial Charges and Credit Limits) of the Rural Credit Manual – MCR shall enter into force with the following alterations:

“
Table
1: Financial Charges for Financing under the National Program for Strengthening Family Agriculture – Pronaf

Purpose/Beneficiary
Effective interest rate up to
(% p.a.)
Compliance Bonus and Additional Conditions

Fixed Rate
Post-fixed Rate
(1)

.................................................................................................................................................
1.3 – Investment Credit – Pronaf Mais Alimentos (MCR 10-5)
1 - acquisition, installation, or expansion related to:
a) protected cultivation structures, including automation equipment for these crops; b) silos, warehouses, and cold rooms intended for storing grains, fruits, tubers, bulbs, vegetables, and fibers; c) milk cooling tanks and milking machines, d) aquaculture and fishing; e) semen and eggs for genetic improvement of dairy cattle, including the respective artificial insemination services; f) free-range laying poultry; g) goat and sheep farming; h) items related to connectivity systems in rural areas; i) equipment adapted for people with disabilities, including all-terrain motorized wheelchairs; j) embryos for genetic improvement of dairy cattle, including the respective services of embryo transfer; 3.0% -3.23 + FAM - 2 - acquisition of machinery, implements, and equipment, including for irrigation systems, rural connectivity, and adapted for people with disabilities, including all-terrain motorized wheelchairs, by beneficiaries whose annual gross family income, as defined in MCR 10-2-1-“f”, is less than R$150,000.00 2.5% -3.70% + FAM a) the credit limit of R$100,000.00 provided for in item 2.3-4 of Table 2 must be observed 3 - acquisition of tractors and associated implements, self-propelled combines and their cutting platforms, as well as self-propelled agricultural machines for spraying and fertilizing 5.0% -1.35% + FAM - 4 - family agriculture cooperative, as defined in MCR 10-6-3: service to members, in projects intended for cattle farming for the financing of:
a) milk cooling tanks and milking machines; b) formation and recovery of pastures, hayfields, and other forage species, production and conservation of forage, silage, and hay intended for animal feed; and c) acquisition of tractors and associated implements, provided that they are intended for the purposes described in item “b”; 8.0% 1.47% + FAM d) semen and eggs for genetic improvement of bovine livestock, including the respective artificial insemination services; e) embryos for genetic improvement of dairy cattle, including the respective embryo transfer services; 3.0% -3.23 + FAM

5 - other ventures and purposes of the Program 8.0% 1.47% + FAM .......................................................................................................................................” (NR)

“
Table 2:
Credit Limits for Financing under the National Program for Strengthening Family Agriculture – Pronaf, respecting the debt limits defined in MCR 10-1-34

Purpose/Beneficiary
Value
Additional Conditions
.......................................................................................................................................
2.3 -
Investment Credit – Pronaf Mais Alimentos (MCR 10-5) 1 - construction or renovation of a residence on rural property owned by the borrower or a third party R$100,000.00 a) limit per agricultural year; b) when the construction or renovation occurs on a third party's property, the individual taxpayer registry numbers – CPF of both parties must appear in a valid Pronaf National Registry of Family Agriculture document – CAF that includes the classification in Pronaf according to MCR 10-2 criteria, observed that each borrower may have only one operation “pending” for this purpose; that the technical project must define the economic viability of the activities developed on the borrower's productive unit for credit repayment; and that, in the case where the financing object is carried out on a third party's rural property, the owner must guarantee the credit operation and agree to formally cede to the borrower the location for construction or the residence to be renovated, for a period of no less than 25 (twenty-five) years. 2 - swine farming, poultry farming, aquaculture, crustacean farming (crustacean breeding), and fruit farming R$450,000.00 a) limit per agricultural year; b) financing of renovation, including for accessibility adaptations, or expansion of permanent improvements and installations, machinery, equipment, including irrigation, and agricultural implements and structures for storage, of common use, is admitted, in the form of collective credit, provided that the individual limit per participating beneficiary is observed and that the sum of the values of individual operations and the beneficiary's participation in the collective operation does not exceed the limit of up to R$450,000.00 for activities of swine farming, poultry farming, aquaculture, crustacean farming, and fruit farming per beneficiary and per agricultural year, or up to R$250,000.00 for other ventures and purposes; c) in operations for service to members, the following must also be observed:
I - the limit of
R$50,000.00 per associate with a valid CAF that includes the classification in Pronaf according to MCR 10-2 criteria, listed in the cooperative's Ricaf, according to the technical project and the economic-financial feasibility study of the venture; and II - the provisions of MCR 5-1-4 and MCR 5-2-13, depending on the purpose of the investment credit; d) the individual credit limit of R$50,000.00, related to operations for service to members, is independent of the limits for individuals or legal entities under this line. 3 - land regularization of the rural property R$30,000.00 4 - acquisition of machinery, implements, and equipment, including for irrigation systems, rural connectivity, and adapted for people with disabilities, including all-terrain motorized wheelchairs, for beneficiaries whose annual gross family income, as defined in MCR 10-2-1-“f”, is less than R$150,000.00 R$100,000.00 5 - family agriculture cooperative, as defined in MCR 10-6-3:
service to members, in projects intended for cattle farming for the financing of:
a) milk cooling tanks and milking machines; b) semen and eggs for genetic improvement of bovine livestock, including the respective artificial insemination services; c) embryos for genetic improvement of bovine livestock, including the respective embryo transfer services; d) formation and recovery of pastures, hayfields, and other forage species production and conservation of forage, silage, and hay intended for animal feed; and e) acquisition of tractors and associated implements, provided that they are intended for the purposes described in item “d” R$8,000,000.00 6 - other ventures and purposes R$250,000.00 .......................................................................................................................................” (NR)

Art. 2º
Section 7 (Financing Program for
Sustainable Agricultural Production Systems – RenovAgro) of Chapter 11 (Agricultural Investment Programs – InvestAgro) of the MCR shall enter into force with the following alterations:

“1 -
..........................................................................................................................................
.................................................................................................................................................
d) .............................................................................................................................................
.................................................................................................................................................
XIII - acquisition of cattle, buffalo, sheep, and goats for reproduction, limited to 30% (thirty percent) of the financed value;
.................................................................................................................................................
XXII - acquisition of semen, eggs, and embryos for genetic improvement of cattle, buffalo, sheep, and goats, including the respective artificial insemination and embryo transfer services;
.................................................................................................................................................
g)
.............................................................................................................................................
.................................................................................................................................................
II - up to 5 (five) years, with the first installment payment occurring within 12 (twelve) months after contracting, in the financing covered by items XIII and XXII of item “d”; .......................................................................................................................................” (NR)

“3 - For the financeable items covered by items XIII and XXII of item “d” of item 1, it must be observed that:
.......................................................................................................................................” (NR)

Art. 3º This Resolution enters into force on the date of its publication.

GABRIEL
MURICCA GALÍPOLO
President of the Central Bank of Brazil