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The director of agricultural risk management at the Ministry of Agriculture and Livestock (Mapa), Jonatas Pulquerio, sees the request for judicial recovery of AgroGalaxy (AGXY3) as worrying for Brazilian agribusiness and, especially, for the capital market.
On your profile on LinkedinPulquerio reinforced that AgroGalaxy is one of the major players in the supply of agricultural inputs and services, facing financial challenges that can generate a cascade effect on its partners and customers, directly impacting agricultural production in Brazil.
“This type of event can undermine the confidence of investors and creditors, both domestic and international, which directly affects access to credit and capital needed to boost the sector. Without an adequate solution, the consequences could include increased production costs, reduced investment and, ultimately, harm the growth of the sector,” he said.
For the director, it is essential that the government, through agricultural policies and emergency measures, helps restore confidence in the market. According to him, programs such as rural insurance, tax incentives and the creation of new financial instruments can be essential to stabilize the scenario, offering support to affected producers and companies.
“The recovery of agribusiness does not depend only on internal factors, but also on a solid credit structure that guarantees the continuity of operations. This is a time when effective public policies must be implemented quickly to prevent specific crises from turning into a systemic crisis in Brazilian agribusiness.”
The news of the judicial recovery shook up the market Fiagros (Investment Funds in Agribusiness Production Chains), since some funds have exposure to the company.
According to Caio Nabuco, real estate fund analysts at Empiricus Researchthe event represents some of the risk that the sector has been experiencing in recent months, with pressure on prices and margins in the chain.