Resolution CMN No. 5,183 — Amends Section 6 (Pronaf) of Chapter 7 and Section 18 (Transitional Rules) of Chapter 10 of the Rural Credit Manual

Resolution No. 5,183

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

CMN RESOLUTION
NO. 5,183, OF NOVEMBER 21, 2024

Amends
Section 6 (National Program for Strengthening Family Agriculture – Pronaf)
of Chapter 7 (Financial Charges and Credit Limits) and Section 18 (Transitional Rules) of Chapter 10 (National Program for Strengthening Family Agriculture – Pronaf) of the Manual of Rural Credit – MCR.

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 November 21, 2024, 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 and 4, of Law No. 11,326, of July 24, 2006,

R E S O L V E S:

Art. 1. Section 6 (National Program for Strengthening Family Agriculture – Pronaf) of Chapter 7 (Financial Charges and Credit Limits) of the Rural Credit Manual – MCR shall be amended as follows:

“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	Floating 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 for storing grains, fruits, tubers, bulbs, vegetables, and fibers; c) milk cooling tanks and milking machines; d) aquaculture and fishing; and e) semen, ova, and embryos for genetic improvement of dairy cattle, including artificial insemination and embryo transfer services.	3.0%	-1.76 + FAM
2 - acquisition of machinery, equipment, and implements by beneficiaries whose annual gross family income, as defined in MCR 10-2-1-“f”, is less than R$100,000.00 (one hundred thousand reais)	2.5%	-2.24% + FAM	a) the credit limit of R$50,000.00 (fifty thousand reais) 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%	0.14% + FAM	-
4 - family agriculture cooperative, as defined in MCR 10-6-3: service to members, in projects aimed at cattle farming for financing: a) milk cooling tanks and milking machines; b) semen, ova, and embryos for genetic improvement of bovine cattle, including artificial insemination and embryo transfer services; c) establishment and recovery of pastures, hayfields, and other forage species, production and conservation of forage, silage, and hay for animal feed; and d) acquisition of tractors and associated implements, provided they are intended for the purposes described in item “c”.	6.0%	1.10% + FAM	-
5 - other enterprises and purposes of the Program	6.0%	1.10% + FAM	-

.........................................................................................................................”
(New Text)

“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$80,000.00	a) limit per agricultural year; b) when construction or renovation occurs on a third party's property, the Individual Taxpayer Registry (CPF) numbers of both parties must appear as holders in the DAP or in a valid Pronaf National Registry of Family Agriculture (CAF-Pronaf) document, observing that each borrower may have only one “pending” operation for this purpose; that the technical project must define the economic viability of the activities developed in 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 - pig farming, poultry farming, aquaculture, crustacean farming, and fruit farming	R$450,000.00	a) limit per agricultural year; b) financing for construction, renovation, or expansion of permanent improvements and installations, machinery, equipment, including irrigation, and agricultural implements and storage structures, for 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 (four hundred and fifty thousand reais) for pig farming, poultry farming, aquaculture, crustacean farming, and fruit farming activities per beneficiary and per agricultural year, or up to R$250,000.00 (two hundred and fifty thousand reais) for other enterprises and purposes. c) in operations for serving members, the following must also be observed: I - the limit of R$50,000.00 (fifty thousand reais) per associate with Active DAP or valid CAF-Pronaf listed in the DAP issued for the cooperative or in the National Registry of Family Agriculture Registration (RICAF) of the cooperative, according to the technical project and the economic-financial feasibility study of the enterprise; 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 (fifty thousand reais), related to operations for serving members, is independent of the limits for individuals or legal entities under this line.
3 - land regularization of rural property	R$10,000.00
4 - acquisition of machinery, equipment, and implements for beneficiaries whose annual gross family income, as defined in MCR 10-2-1-“f”, is less than R$100,000.00 (one hundred thousand reais)	R$50,000.00
5 - family agriculture cooperative, as defined in MCR 10-6-3: service to members, in projects aimed at cattle farming for financing: a) milk cooling tanks and milking machines; b) semen, ova, and embryos for genetic improvement of bovine cattle, including artificial insemination and embryo transfer services; c) establishment and recovery of pastures, hayfields, and other forage species, production and conservation of forage, silage, and hay for animal feed; and d) acquisition of tractors and associated implements, provided they are intended for the purposes described in item “c”.	R$8,000,000.00
6 - other enterprises and purposes	R$250,000.00

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(New Text)

Art. 2. Section 18 (Transitional Rules) of Chapter 10 (National Program for Strengthening Family Agriculture – Pronaf) of the MCR shall be amended as follows:

“11 - Exceptionally, beneficiaries of the National Agrarian Reform Program (PNRA) who have already reached the credit limits provided for in item 2.1 of Table 2 of MCR 7-6 may contract new rural investment and working capital credit operations under Pronaf “A” and “A/C”, subject to the provisions of MCR 10-3 and the following specific conditions:

a) beneficiaries must be in compliance with rural credit operations;

b) total limit per beneficiary:

I - investment: the beneficiary may finance up to R$50,000.00 (fifty thousand reais), which limit may be divided into one or more operations;

II - working capital: up to R$20,000.00 (twenty thousand reais) per agricultural year;

c) in investment operations, a compliance bonus of 25% (twenty-five percent) applies to each principal installment paid by its due date;

d) the contracting of the operations described in this item must only occur until 6/30/2027.” (New Text)

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

ROBERTO DE OLIVEIRA CAMPOS NETO
President of the Central Bank of Brazil