Brazil Has US$ 42 Million for Farmers Growing Crops for Biodiesel

Over 50 thousand family farmers and their families will be able to make more money by growing crops intended for use in biodiesel production.

According to the coordinator of the Ministry of Agrarian Development’s Biodiesel Program, Arnoldo de Campos, 17 thousand families are currently planting dendê palms, sunflowers, castor-oil plants, and soybeans for biodiesel production.


According to Campos, the National Family Farming Program (Pronaf) has US$ 41.9 million (100 million reais) to distribute in loans to these producers.


“Farmers will have access to a new line of credit to begin cultivating oil-seed crops, without interfering with the crops they already cultivate, such as corn, rice, or beans. The new loan will not prejudice the resources they have already requested for their traditional crops. It is an additional line of credit.”


Brazil’s investment in biodiesel production is expected to reach US$ 515 million in 2008, when production of this fuel is expected to amount to around 800 million liters.


The figure should grow to US$ 1.5 billion in 2013, when domestic production will be 2 billion liters.


This estimate was given by the deputy head of Analysis and Accompaniment of Government Policies of the Presidential Civilian Advisory Office, José Honório Accarini, who participated in the seminar, “Biodiesel – Strategies for Production and Use in Brazil,” earlier this year, in São Paulo.


Accarini points out that everybody can gain from biodiesel. “The businessman and the family farmer can make money, and poor regions can get jobs and energy in remote communities,” he said.


ABr

Tags:

You May Also Like

LETTERS

By Reform projects have been tabled several times, calling for district voting, optional voting ...

Brazil’s Elections and the Power of the Status Quo

Brazil’s presidential election campaign, already marked by tragedy, continues with high drama after the ...

Brazil’s Agribusiness Thriving in Africa, Asia and Middle East

Agribusiness exports from Brazil to the Middle East grew 33% in April in comparison ...

Harvesting in Brazil

Deceitful and Inconsistent, Brazil Is No Third World Champion

The latest round of WTO negotiations has been nothing if not dramatic, and in ...

Lula’s Brazil Is Indebted to the World for So Many Broken Hopes

Recently a young Turkish student at the University of California in Berkeley told me ...

Monsanto Goes to Court in Brazil to Guarantee Soybean Patent that Seems Expired

In response to news reports in the Brazilian media, Monsanto Company said Monday, September ...

Due to Too Little Structure & Too Much Pesticide Brazil Exports Less than 1% of Its Fruit

Despite being a great fruit producer, Brazil does not export as much as it ...

Brazilians in Argentina for the Anti-Bush Counter Summit of the Americas

Social movements, non-governmental organizations (NGOs), figures associated with the human rights struggle, and intellectuals ...

At UNAIDS Brazil Will Keep Liberal Anti-AIDS Policy

Brazil remains firm in the defense of its AIDS combating policy. This will be ...

Why This Brazilian Wunderkind Deserves to Win the Next Indy 500

In one of the more inexplicable developments in recent Indianapolis 500 history Panther Racing ...