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prima:Puerto Rico Farm Credit projects an injection of around $11 million into farmers this year

The cooperative seeks to promote investment in agricultural equipment and automation as a strategy to strengthen local production

May 9, 2025 - 2:41 PM

Among the financing requests, Puerto Rico Farm Credit president Ricardo Fernández mentioned that they have been used for the installation of automated milking systems and the use of drones for fumigation. (Suministrada)

Puerto Rico Farm Credit (PRFC) expects to inject at least $11 million in financing to the island’s agricultural sector this year, said Ricardo Fernández, president and chief executive officer (CEO) of PRFC.

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