Análise do crédito rural no desempenho da produção agrícola familiar no Brasil, de 2013 a 2022

Abstract

This article’s main objective was to discuss the relationship between the rural credit market and the performance of familiar agricultural production through the post-Keynesian perspective of the Theory of the Banking Firm, in which the hypothesis is that banks have a determinant role in the economic financing and in the real business cycles, influencing the decision-making of non-banking agents. Through the descriptive analysis of data from 2013 to 2020, it was possible to conclude that credit concessions varied according to the economic cycles, and that during recession periods, banks contract their credit supply given risk aversion and liquidity preference. Public banks lead the credit concession through PRONAF, while private banks are more wary given the greater risks involved with agriculture. The agricultural production expansion in recent years was also analyzed, given the mechanization process and the incorporation of more efficient techniques in the field, alongside a bigger credit supply. The market’s interest rate (with free and directed resources) was heavily influenced by the basic interest rate (Selic). At last, it was verified through the Agricultural Census (1996, 2006, 2017), the importance of PRONAF in maintaining the working capital for input acquisition (seeds and fertilizers), as well as innovative technologies which are essential to the productivity of familiar agricultural establishments.