CMN Resolution No. 5224 — Adjusts rules for Proagro enrollment, indemnity limits, additional rates, and loss verification remuneration

The current text of the MCR is available at the following electronic address: www3.bcb.gov.br/mcr.

CMN RESOLUTION NO.
5.224, OF JUNE 6, 2025

Adjusts rules applicable to enrollment, indemnity limits, additional rates, and remuneration of the person responsible for proving losses, within the scope of the Agricultural Activity Guarantee Program – Proagro.

The Central Bank of Brazil, pursuant to Art. 9 of Law No. 4.595, of December 31, 1964, makes public that the National Monetary Council, in an extraordinary session held on June 6, 2025, considering the provisions of Art. 4, caput, item VI, of said Law, Arts. 4, 5, and 14 of Law No. 4.829, of November 5, 1965, Arts. 59, 65-A, and 66-A of Law No. 8.171, of January 17, 1991, and Art. 4 of Decree No. 175, of July 10, 1991,

R E S O L V E S:

Art. 1. Section 2 (Enrollment) of Chapter 12 (Agricultural Activity Guarantee Program – Proagro) of the Rural Credit Manual – MCR, shall enter into force with the following alterations:

“4 - Agricultural working capital enterprises up to R$200,000.00 (two hundred thousand reais), whose crop is included in Zarc, financed with participation of controlled resources, must be fully enrolled in Proagro, observing the conditions established in items 17 and 18.” (NR)

“5 - The enterprise whose value, added to the values of enterprises enrolled in the same agricultural year, exceeds the mandatory limit of R$200,000.00 (two hundred thousand reais), is exempt from the obligation established in item 4, in its entirety.” (NR)

“16 - ........................................................................................................................................

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h) enterprises whose CPF/CNPJ of the beneficiary(ies) or whose Rural Environmental Registry – CAR of the rural property meet the following conditions, cumulatively:

I - the CPF/CNPJ or CAR are linked to enterprises that had loss notifications in at least three of the five previous agricultural years prior to the agricultural year in which the enrollment was requested;

II - the sum of the values approved for the CPF/CNPJ or for the CAR in the last five agricultural years is equal to or greater than 60% (sixty percent) of the sum of the values enrolled; and

II - (Revoked by CMN Resolution No. 5.227, of 6/26/2025.)

III - the sum of the indemnified values for the CPF/CNPJ or for the CAR in the last five agricultural years is equal to or greater than R$250,000.00 (two hundred and fifty thousand reais);

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

“16-B - For the purposes of applying the item “h” of item 16:

a) loss notifications under analysis, approved, or denied shall be considered;

b) the date of the loss notification is that on which the beneficiary carried out the procedure referred to in MCR 12-4-1;

c) in financing to be granted within the scope of Pronaf, all CPFs of the beneficiaries who integrate the family unit of the Declaration of Aptitude for Pronaf – DAP or the National Registry of Family Agriculture – CAF-Pronaf linked to the enterprise object of the credit instrument shall be considered;

d) CARs referring to areas of agrarian reform settlements and areas occupied by peoples and traditional communities shall not be considered, in accordance with applicable legislation;

e) the prohibition shall be applied throughout the entire agricultural year following the occurrence of the conditions referred to in item “h” of item 16;

f) loss notifications made between April 30, 2024, and June 30, 2024, referring to enterprises located in municipalities of the state of Rio Grande do Sul with a declaration of emergency or state of public calamity in the period from April 30 to May 20, 2024, recognized by the federal government, due to floods, inundation, heavy rains, flash floods, gales, landslides, or inundations, shall not be counted.” (NR)

“16-C - When it concerns a rural property exploited independently by more than one production family unit, the enterprise whose CAR is subject to the prohibition referred to in item “h” of item 16 may be enrolled in Proagro, at the discretion of the agent, provided that the following conditions are met, cumulatively:

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

“17 - The enrollment limit of resources in Proagro with the same beneficiary is R$200,000.00 (two hundred thousand reais) for working capital, per agricultural year, regardless of the number of enterprises supported by one or more agents of the program, observing the provisions of item 18.” (NR)

Art. 2. Section 5 (Coverage) of Chapter 12 of the MCR shall enter into force with the following alterations:

“10-B - In addition to the application of the deduction referred to in item 10-A, the coverage due for enterprises enrolled from July 1, 2025, may be altered based on:

a) the probability of yield losses due to adverse meteorological events predicted in Zarc, observing the provisions of item 10-C;

b) the equilibrium rate of the enterprise, observing the provisions of item 10-D; and

c) the risk assessed for the enterprise comparatively to the additional rate, observing the provisions of item 10-E.” (NR)

“10-C - For the purposes of the provision in item “a” of item 10-B, the following provisions apply to enterprises enrolled from July 1, 2025:

a) the coverage limit due to enterprises remains unchanged:

I - with a probability of losses of 20% (twenty percent) in Zarc; and

II - non-zoned, enrolled through indication of Technical Assistance and Rural Extension – Ater, as provided in MCR 12-2-8;

b) on enterprises with a probability of losses of 30% (thirty percent) in Zarc, a reduction of 5 p.p. (five percentage points) shall be applied to the coverage due;

c) on enterprises with a probability of losses of 40% (forty percent) in Zarc, a reduction of 10 p.p. (ten percentage points) shall be applied to the coverage limit due;

d) the indication of the probability of yield losses due to adverse meteorological events referred to in items “a”, “b”, and “c” must be proven through the procedure provided for in MCR 12-4-5-A.” (NR)

“10-D - For the purposes of the provision in item “b” of item 10-B, on enterprises enrolled from July 1, 2025, reductions shall be applied to the coverage due based on the equilibrium rate of the enterprise, referred to in MCR 12-10-3-“d”, with reductions in percentage points applied as follows in Table 1 below:

Table 1 - Reductions on coverage due based on equilibrium rate

Equilibrium Rate	Percentage Points Reduction on the Percentage Obtained in the Manner of Items 10 and 10-A
0.00 to 4.99	0
5.00 to 9.99	5
10.00 to 14.99	10
15.00 to 19.99	15
20.00 to 24.99	20
25.00 to 29.99	25
30.00 to 34.99	30
35.00 to 39.99	35
40.00 to 44.99	40
45.00 to 49.99	45
50.00 to 54.99	50
55.00 to 59.99	55
≥ 60.00	60

” (NR)

“10-E - For the purposes of applying item “c” of item 10-B, beneficiaries and rural properties with assessed risk lower than the respective additional rate, referred to in items “g” and “h” of MCR 12-10-3, are entitled to an increase of 20 p.p. (twenty percentage points) on the coverage due, observing the following provisions:

a) the following reference parameters for the beneficiary and the rural property, respectively, shall be considered:

I - the CPF/CNPJ of the beneficiary(ies) of the operation, observing that, in financing to be granted within the scope of the National Program for Strengthening Family Agriculture – Pronaf, all CPFs of the beneficiaries who integrate the family unit of the Declaration of Aptitude for Pronaf – DAP or the National Registry of Family Agriculture – CAF-Pronaf linked to the enterprise object of the credit instrument shall be considered;

II - the number of the Rural Environmental Registry – CAR of the rural property linked to the enterprise, except in the case of CARs referring to areas of agrarian reform settlements and areas occupied by peoples and traditional communities, in accordance with applicable legislation, in which case only the parameter referred to in item I shall be considered;

b) the assessed risk is the result of the relationship between the approved and enrolled values, according to the calculation method established by the Central Bank of Brazil;

c) the benefit referred to in the caput shall only be applicable if the risks assessed for the two parameters referred to in items I and II of item “a” are lower than the additional rate, observing the exception provided for in item II of item “a”;

d) if the CPF/CNPJ of the beneficiary(ies) of the operation, observing the provision in item I of item “a”, and the CAR number of the enterprise are not linked to enterprises enrolled in the last five agricultural years, the enterprise is not entitled to the benefit referred to in the caput.” (NR)

“10-F - For enterprises enrolled from July 1, 2025, the coverage due is:

a) the result of the limit obtained in the manner of items 10 and 10-A, subtracted or added, as applicable, the percentage points referred to in items 10-C, 10-D, or 10-E, if applicable; and

b) limited to the value obtained in the manner of items 10 and 10-A.” (NR)

“10-G - Enterprises enrolled under the validity of the criteria established by CMN Resolutions No. 5.127, of April 8, 2024, and No. 5.198, of December 19, 2024, shall be assigned the corresponding percentages of coverage due established in said norms, for the purposes of applying the alterations in coverage due referred to in items “a” and “b” of item 10-B.” (NR)

Art. 3. Section 7 (Expenses) of Chapter 12 of the MCR shall enter into force with the following alterations:

“5 - For loss proofs carried out from January 2, 2026, the remuneration defined in item 4 shall be subject to an increase of R$124.08 (one hundred and twenty-four reais and eight cents) in the cases provided for in item 14-“c” of Section 4 of this Chapter when, for the preparation of the conclusive report, it is essential to carry out an inspection subsequent to the one that supported the preparation of the preliminary report.” (NR)

Art. 4. Section 10 (Basic Additional Rates for Enrollment of Enterprise in Proagro and Proagro Mais) of Chapter 12 of the MCR shall enter into force with the following alterations:

“2 - ..........................................................................................................................................

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d) the value of the rate after application of discounts:

I - is limited to the lower rate of the Agricultural Activity Guarantee Program for Family Agriculture – Proagro Mais, for operations of the National Program for Strengthening Family Agriculture – Pronaf, or of Traditional Proagro, for other operations, in the cases referred to in item I of item “a”, considering the rates contained in Table 1 of this Section;

II - is limited to the lower rate for the enrolled product contained in Table 1 of this Section, in the cases referred to in item II of item “a”;

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

“2-A - For enterprises enrolled from October 1, 2025, beneficiaries and rural properties with assessed risk lower than the respective additional rate, referred to in items “g” and “h” of item 3, are entitled to a discount of 50% (fifty percent) on the additional rate, observing the following provisions:

a) for the purposes of applying the provision in the caput, the following shall be considered:

I - the CPF/CNPJ of the beneficiary(ies) of the operation, observing that, in financing to be granted within the scope of Pronaf, all CPFs of the beneficiaries who integrate the family unit of the Declaration of Aptitude for Pronaf – DAP or the National Registry of Family Agriculture – CAF-Pronaf linked to the enterprise object of the credit instrument shall be considered;

II - the number of the Rural Environmental Registry – CAR of the rural property linked to the enterprise, except in the case of CARs referring to areas of agrarian reform settlements and areas occupied by peoples and traditional communities, in accordance with applicable legislation, in which case only the parameter referred to in item I shall be considered;

b) the assessed risk is the result of the relationship between the approved and enrolled values, according to the calculation method established by the Central Bank of Brazil;

c) the benefit referred to in the caput shall only be applicable if the risks assessed for the two parameters referred to in items I and II of item “a” are lower than the additional rate, observing the exception provided for in item II of item “a”;

d) if the CPF/CNPJ of the beneficiary(ies) of the operation, observing the provision in item I of item “a”, and the CAR number of the enterprise are not linked to enterprises enrolled in the last five agricultural years, the enterprise is not entitled to the benefit referred to in the caput.” (NR)

Art. 5. The following provisions of Chapter 12 of the MCR are revoked:

I - items IV, V, and VI of item “h” of item 16 of Section 2;

II - item 16-A of Section 2;

III - items I and II of item “a” of item 10-B of Section 5;

IV - items I and II of item “b” of item 10-B of Section 5; and

V - items “d” and “e” of item 10-B of Section 5.

Art. 6. This Resolution enters into force:

I - on January 2, 2026, regarding the provision in Art. 3; and

II - on July 1, 2025, regarding the other provisions.

Gabriel Muricca Galípolo
President of the Central Bank of Brazil