Resolution CMN No. 5229 — Adjustments to General Rural Credit Rules, Pronamp, and Funcafé Effective July 1, 2025

Resolution No. 5,229

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

RESOLUTION CMN NO. 5,229, OF JULY 1, 2025

Provides for adjustments to the general rules of rural credit, the National Program for Supporting the Medium Rural Producer – Pronamp, and the Coffee Economy Defense Fund – Funcafé, to be applied from July 1, 2025.

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, 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, Articles 48 and 49 of Law No. 8,171, of January 17, 1991, and Article 6 of Law No. 10,186, of February 12, 2001,

R E S O L V E S:

Art. 1 Section 2 (Beneficiaries) of Chapter 1 (Preliminary Provisions) of the Rural Credit Manual – MCR shall enter into force with the following alterations:

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e) a small rural producer is considered to be the beneficiary classified under item 3, item “a”, or the holder of the National Registry of Family Agriculture – CAF document indicating classification under the MCR 10-2 criteria, when dealing with beneficiaries of the National Program for Strengthening Family Agriculture – Pronaf;

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(NR)

Art. 2 Section 3 (Technical Assistance) of Chapter 1 (Preliminary Provisions) of the MCR shall enter into force with the following alterations:

“11- Technical assistance may be carried out by a professional member of the family unit, provided that the provisions of this section are met.” (NR)

Art. 3 Section 1 (General Provisions) of Chapter 2 (Basic Conditions) of the MCR shall enter into force with the following alterations:

“1- The granting of rural credit is subject to compliance with the recommendations and restrictions of the Agroecological Zoning, the Ecological-Economic Zoning – ZEE, and, in agricultural operating credit operations, the Agricultural Climate Risk Zoning – Zarc, respecting the following conditions:

a) for zoned enterprises, the conditions set forth in MCR 12-2-2 and MCR 12-2-3, caput and items “a” and “b”, apply insofar as applicable;

b) the granting of credit for non-zoned enterprises is admitted, waiving the requirement for a technical assistance and rural extension report – Ater, provided that the enterprise is not classified under the Agricultural and Livestock Activity Guarantee Program – Proagro.” (NR)

“11- ........................................................................................................................................

a)
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VII- National Registry of Family Agriculture – CAF of Pronaf indicating classification under the MCR 10-2 criteria, when dealing with Pronaf beneficiaries;

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(NR)

“14- The following Pronaf beneficiaries are exempt from the requirements set forth in items “a” and “b” of item 11, upon presentation of the CAF:

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(NR)

Art. 4 Section 5 (Utilization) of Chapter 2 (Basic Conditions) of the MCR shall enter into force with the following alterations:

“13- The release of installments related to fertilizers, soil conditioners, agricultural pesticides, seedlings, and certified or inspected seeds is admitted, when intended for crops, perennial crops, and pastures financed, or for rations, supplements, and medications for livestock activity, acquired up to 180 (one hundred and eighty) days before the formalization of the credit, provided that the purchase of the products, proven by an invoice, is compatible with the financed enterprise.” (NR)

Art. 5 Section 6 (Reimbursement) of Chapter 2 (Basic Conditions) of the MCR shall enter into force with the following alterations:

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d) difficulties in the borrower's cash flow, due to the accumulated impact of crop losses resulting from adverse weather events in previous harvests, which generate an increase in indebtedness in the National Rural Credit System – SNCR and prevent the full reimbursement of rural credit operations.” (NR)

“4-A- The renegotiation carried out based on item “d” of item 4 is also conditioned on the financial institution analyzing the set of activities and the borrower's economic capacity, including assets owned by the borrower that can be commercialized or financial resources from other activities that can be used to pay the debts to be extended, including for the settlement of installments due over the period granted for renegotiation.” (NR)

Art. 6 Section 2 (Operating Credits) of Chapter 3 (Operations) of the MCR shall enter into force with the following alterations

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

a) of the production cycle of periodic crops, the off-season of permanent crops, the extraction of spontaneous or cultivated vegetable products, or the extraction or production of seeds and seedlings of native or exotic forest species;

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(NR)

“3-
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a)
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IV- expenses with inputs and cultural treatments for planting crops used for soil cover and protection during the off-season;

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(NR)

“6-E- In the period from July 1, 2025, to June 30, 2026, the interest rate referred to in item 1.1-1 of Table 1 of MCR 7-4, for operating rural credit operations contracted by rural producers classified under the National Program for Supporting the Medium Rural Producer – Pronamp, and the interest rate referred to in item 1.1-1 of Table 1 of MCR 7-1, for operating credit operations contracted by other rural producers, shall be reduced by 0.5 (zero point five) percentage points when the operating credit is contracted with equalized resources, respecting the limits established for each financial institution, per agricultural year, according to a decree of the Ministry of Finance, and with mandatory resources, as set forth in MCR 6-2, and the credit must be destined to sustainable productive activities classified under the following programs, with valid and active certification in the case of the programs referred to in items “a”, “b”, “c”, and “d”:

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(NR)

“6-I- The financial institution may only grant the discount referred to in item 6-E if the certifying institution or the participatory organism for conformity assessment – Opac is:

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(NR)

“8- Up to 15% (fifteen percent) of the total budget value, when destined for small and medium producers, may include funds for minor expenses conceptualized as investment, provided they can be settled with the product of the exploitation in the same cycle, such as: repairs or renovations of production assets and facilities, acquisition of draft animals, clearing, and acquisition, transport, application, and incorporation of agricultural lime.” (NR)

“13-
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a) agricultural, observing the cycle of each enterprise:

I

• up to 36 (thirty-six) months for saffron and royal palm (heart of palm) crops;

II

• up to 24 (twenty-four) months for biennial crops and sustainable forest management;

III

• up to 20 (twenty) months for coffee and fruit farming;

IV

• up to 14 (fourteen) months for permanent crops; and

V

• up to 11 (eleven) months for other crops;

b)
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I

• up to 6 (six) months, in financing for the acquisition of cattle and buffalo for fattening in confinement;

II

• up to 12 (twelve) months, when the financing involves the acquisition of cattle and buffalo for rearing in extensive regime;

III

• up to 8 (eight) months, when the financing involves the acquisition of cattle and buffalo for fattening in extensive regime;

IV

• up to 20 (twenty) months, when the financing is destined for free-range laying poultry or when the financing involves the acquisition of cattle and buffalo, provided that the same operation necessarily covers rearing and fattening in extensive regime; and

V - up to 10 (ten) months in other financings.” (NR)

“13-A - In the case of activities explored successively, whose harvest periods are not clearly defined, such as onion farming, horticulture, swine farming, and broiler poultry farming, the maturity of the operating credit is limited to 1 (one) year, and the financial institution must, for this purpose:

a) establish the waiver of periodic amortizations during the validity of the loan, provided that the acquisitions of inputs for the subsequent stage are renewed at the end of each production cycle, according to the budget;

b) supervise the assisted activity in each cycle to certify the effective employment of resources for the purposes provided.” (NR)

“15 - The financial institution, at its discretion and provided that the following conditions are met, may extend and reschedule the reimbursement of credit operations destined for agricultural operating:

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(NR)

Art. 7 Section 3 (Investment Credits) of Chapter 3 (Operations) of the MCR shall enter into force with the following alterations:

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a) fixed investment: 96 (ninety-six) months;

b) semi-fixed investment: 60 (sixty) months, except when it concerns the acquisition of animals for breeding or raising, in which case the term shall be up to 48 (forty-eight) months, including up to 12 (twelve) months of grace period.” (NR)

Art. 8 Section 4 (Marketing Credits) of Chapter 3 (Operations) of the MCR shall enter into force with the following alterations:

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d) has a maximum term of 120 (one hundred and twenty) days.” (NR)

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b)
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I

• up to 60 (sixty) days, when referring to beans and macassar beans;

II

• up to 120 (one hundred and twenty) days, when referring to açaí, garlic, peanuts, natural rubber, Brazil nuts, silk cocoons, cassava flour, cassava starch, gum and starch, guarana, jute, or embonecated malva, castor beans in pods, popcorn corn, sisal, and seeds;

III

• up to 180 (one hundred and eighty) days, when referring to cotton lint, cottonseed, cashew nuts, carnauba wax and ceriferous powder, and milk;

IV

• up to 90 (ninety) days, when referring to other agricultural and livestock products.” (NR)

“10
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b) term of up to 60 (sixty) days.” (NR)

“25
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a)
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I

• 75 (seventy-five) days for beans, cowpeas, and cottonseed, with the latter term extendable by an additional 120 (one hundred and twenty) days, provided there is substitution by cotton lint;

II

• 150 (one hundred and fifty) days for açaí, rice, natural rubber, coffee, Brazil nuts, cassava flour, cassava starch, gum and starch, jute, embonecated and pressed malva, corn, soybeans, sorghum, sisal, wheat, seeds, and the products not mentioned in this item contained in the tables of item 26;

III

• 210 (two hundred and ten) days for cotton lint, sugarcane, cottonseed, carnauba wax and ceriferous powder, and milk;

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d) the extension of the initial or single maturity term to up to 60 (sixty) days is admitted for cottonseed, rice, corn, soybeans, sorghum, wheat, peanuts, barley, and triticale, upon presentation of proof of sales on credit during the harvest;

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(NR)

Art. 9 Section 5 (Industrialization Credits) of Chapter 3 (Operations) of the MCR shall enter into force with the following alterations:

“3- The reimbursement of industrialization credit must be adequate to the marketing cycle of the products resulting from the process, respecting the maximum term of 20 (twenty) months for grapes and 11 (eleven) months for other products.” (NR)

Art. 10 Section 3 (Free) of Chapter 6 (Resources) of the MCR shall enter into force with the following alterations:

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l) in agricultural operating credit operations, the recommendations and restrictions of the Agricultural Climate Risk Zoning – Zarc must be observed, respecting the following conditions:

I

• for zoned enterprises, the conditions set forth in MCR 12-2-2 and MCR 12-2-3, caput and items “a” and “b”, apply insofar as applicable;

II

• the granting of credit for non-zoned enterprises is admitted, waiving the requirement for a technical assistance and rural extension report – Ater.” (NR)

Art. 11 Section 1 (Pronamp) of Chapter 8 (National Program for Supporting the Medium Rural Producer – Pronamp) of the MCR shall enter into force with the following alterations:

“1- The operations of the National Program for Supporting the Medium Rural Producer – Pronamp are subject to the general rules of rural credit, the provisions of MCR 3-2 (Operating Credits) and MCR 3-3 (Investment Credits), and the following special conditions:

a)
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I

• have gross annual income of up to R$3,500,000.00 (three million and five hundred thousand reais), considering in this limit the sum of 100% (one hundred percent) of the Gross Production Value – VBP, 100% (one hundred percent) of the value of revenue received from an integrator entity and other revenues from activities developed on and off the establishment, and 100% (one hundred percent) of other non-agricultural revenues;

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b) the following items are admitted as financeable:

I

• in operating credit: funds for minor expenses conceptualized as investment and for the maintenance of the beneficiary and their family;

II

• in investment credit: acquisition, isolated or not, of used machines, equipment, and implements, manufactured in Brazil, revised, and with a warranty certificate issued by a dealership or authorized reseller, with the warranty certificate being replaceable by an evaluation report issued by the technical responsible for the project, attesting to national manufacturing, perfect functioning, good conservation state, and that the estimated useful life of the asset is greater than the financing repayment term, observing the provisions of item 5;

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

Art. 12 Section 1 (General Provisions) of Chapter 9 (Coffee Economy Defense Fund – Funcafé) of the MCR shall enter into force with the following alteration:

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f)
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II

• once released to the final beneficiaries of the credit lines, at the rate of: 10.0% p.a. (ten percent per annum) applied to the nominal value of operating credit operations (MCR 9-2), marketing credit (MCR 9-3), credit for option contracts and operations in futures markets (MCR 9-5), and credit for recovery of damaged coffee plantations (MCR 9-7); and 11.5% p.a. (eleven and five-tenths percent per annum) applied to the nominal value of financing operations for the acquisition of coffee (MCR 9-4) and credit for working capital for soluble coffee and coffee roasting industries and for production cooperatives (MCR 9-6).

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(NR)

Art. 13 The following provisions of the MCR are repealed:

I

• item 20 of Section 2 (Operating Credits) of Chapter 3 (Operations);

II

• Section 4 (Retention Rate) of Chapter 5 (Credits to Agricultural Production Cooperatives); and

III

• items “e”, “f”, “g”, and “h” of item 1 and item 4 of Section 1 (Pronamp) of Chapter 8 (National Program for Supporting the Medium Rural Producer – Pronamp).

Art. 14 This Resolution enters into force on July 1, 2025.

GABRIEL MURICCA GALÍPOLO
President of the Central Bank of Brazil