Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Brazilian agchem distributors win credit lines

The Brazilian central bank is to grant 16 lines of credit to Brazilian pesticide, seed and fertiliser distributors to purchase various agricultural inputs, national business newspaper Valor Economico reports. The Banco do Brasil has agreed a deal this month with the Brazilian agricultural inputs distributors’ association, the Andav. Such credit had not previously been available to the association’s members. Business generated by the deal should exceed R$7,000 million ($4,446 million) in the first year of operation, the newspaper adds. Farmers are also to receive easier terms when looking to acquire products before paying. The Andav reportedly expects the pesticide market to grow by 10% this year.

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG005011

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel