The Ministry of Agriculture and Livestock (Mapa) published this Tuesday (24) Resolution No. 106, of the Interministerial Management Committee for Rural Insurance, which approved the distribution of the budget for the Rural Insurance Premium Subsidy Program (PSR) until August 2025. Of the total amount of R$ 1 billion, provided for in the Annual Budget Law (LOA) approved by the National Congress, R$ 179 million had already been released in May.
Starting in June, producers will receive an additional R$280 million to continue purchasing policies for winter crops; R$36 million for fruits; R$7.5 million for livestock; R$1.5 million for forests; and R$35.5 million for other crops. “With these resources, we estimate that we will be able to meet practically all of the producers’ demand for winter crops and we have signaled more amounts for other activities,” highlighted the Secretary of Agricultural Policy, Guilherme Campos.
In order to meet the federal government's fiscal goals, approximately R$1.545 million earmarked for the Program was blocked. According to the secretary, this scenario should be temporary. “We will work to reverse this blockage as quickly as possible, so as not to harm summer harvest hiring. Since it is a discretionary expense, the PSR budget is always subject to this type of situation.”
Recruitment
Producers interested in purchasing rural insurance should seek out a broker or financial institution that sells rural insurance policies. Currently, 17 insurance companies are authorized to operate in the PSR.
Rural insurance is intended for producers – individuals or legal entities – who cultivate or produce species covered by the Program, regardless of access to rural credit.
The premium subsidy percentage is set at 40% for all crops and activities, except for soybeans, whose percentage is 20%. This rule applies to any type of product and coverage, according to the PSR standards.