Government announces 2026/27 Plano Safra with R$ 622.4 bi in credit

The federal government launched the 2026/27 Plano Safra on Tuesday (30), allocating R$ 525.1 billion to commercial agriculture and R$ 97.3 billion to family farming.

The package for commercial agriculture totaled R$ 525.1 billion, above the R$ 516.2 billion from the previous plan. Funding for production costs and commercialization fell to R$ 384.9 billion, while investments rose to R$ 140.2 billion.

Interest rates were cut in several strategic lines, such as commercial production costs from 14% to 12.5% per year. Equalized controlled-rate resources dropped from R$ 49.5 billion to R$ 34.7 billion.

For family farming, Pronaf received R$ 85.2 billion, up from R$ 78.2 billion last year. Credit limits were expanded and specific lines created for rural women, with rates reduced to 2% per year on Pronaf Investimento.

The Parliamentary Front for Agriculture criticized the drop in production credit and President Lula's absence from the commercial event. Vice President Geraldo Alckmin attended the ceremony.

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Realistic illustration of Brazilian officials reviewing R$111 billion fiscal impact from bills on Simples Nacional and rural debts.
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Government estimates R$111 billion annual impact from congressional bills

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The ministries of Finance and Planning released a joint note on Thursday (11) estimating an annual impact of R$111 billion from nine bills under consideration in Congress. The largest costs would come from raising the Simples Nacional ceiling and renegotiating rural debts.

The Senate approved on Wednesday, June 10, a bill authorizing special debt refinancing for rural producers, with an estimated impact of up to R$140 billion on public debt.

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The agribusiness caucus in Congress wants to use at least R$ 30 billion from the pre-salt social fund to ease sector debts. The proposal was discussed at a Senate meeting on Wednesday (8), called by President Davi Alcolumbre at the request of Senator Tereza Cristina (PP-MS). Finance Minister Dario Durigan signaled support for an emergency credit line.

President Javier Milei announced a reduction in export taxes on wheat and barley, which will drop from 7.5% to 5.5% starting in June 2026. The measure aims to provide greater predictability to the agricultural sector.

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Banco Agrario has enabled a debt reprogramming process for agricultural producers in 158 municipalities affected by the climate emergency under Decree 175 of 2026.

President Luiz Inácio Lula da Silva travels to Rio de Janeiro on Monday to formalize the state's adhesion to the Program for Full Payment of State Debts.

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Vice President Geraldo Alckmin said he distributes a paper with details on the credit program for taxi and app driver fleet renewal. He made the statement at a national PSB executive meeting on Wednesday.

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