Rural credit and interest rates for the 2026/2027 cycle will be released in 2 separate events; Lula participates in advertisement for family farming
The federal government launches this Tuesday (June 30, 2026) the Harvest Plan for the 2026/2027 biennium for businesspeople and family farming, with new rural credit values and interest rates for the cycle that begins on July 1st. The expectation is that the 2 packages add up to more than R$ 600 billionbut still below the amount requested by the sector.
The measures for agribusiness and small producers will be announced at Palácio do Planalto, but at separate events. At 10 am, the government releases the numbers for corporate agriculture. The event will be led by the vice president (PSB) and the Minister of Agriculture, .
The president (PT) is in Paraguay for the Mercosul Summit and will return to Brazil this Tuesday (June 30), to participate in the 2nd announcement, aimed at small producers, at 5pm. With the election just a few months away, the event should be used as a nod to this segment of the population. Ministers also participate (Agrarian Development), (Civil House), (Management and Innovation) and (Fishing).
According to the newspaper The State of S. Paulothe 2026/2027 Harvest Plan will have R$525.1 billion for medium and large producers. Family farming should receive between R$83 billion and R$85 billion, bringing the total amount to the R$608 billion to R$610 billion.
If confirmed, the new amount will be a record, but will represent a nominal increase of around 2% in relation to R$594.4 billion offered in the last cycle, when agribusiness received and family farmers .
Here are the numbers until 2025:
Although the value is a record, it will be below that recommended by the Ministries of Agriculture and Agrarian Development and Family Farming, which requested R$652 billion, an increase of 10% in relation to the current harvest. The departments wanted R$570 billion for medium and large companies and R$82 billion for small companies, in addition to interest rates below 1 digit.
The amount also does not fully meet what was requested by the productive sector, which demanded between R$623 billion and R$674 billion in rural credit. Throughout the 1st semester, CNA (Brazilian Agriculture and Livestock Confederation), FPA (Agricultural Parliamentary Front) and Sistema Faep requested the government for the program.
A, which was at 15% at the beginning of the 25/26 cycle and is now at 14.25%, should pave the way for cuts in interest rates offered to producers. In the current cycle, which ends this Tuesday, interest rates remained in the range of 8,5% a 14% per year for large and medium producers and 0,5% a 8% for family farmers.
The priority for the new cycle, according to the Ministry of Agriculture, will be funding, a type of rural credit aimed exclusively at covering the expenses of the production cycle of crops or animal husbandry.
INSURANCE AND RURAL DEBT
Several agricultural sectors are waiting for the Safra Plan to include measures aimed at rural insurance and debt renegotiation, two strong demands from the productive sector that have been moving the ruralist bench in Congress. There is little chance of the government including actions on these issues, which are under discussion in the Legislature.
Congressmen linked to agribusiness and government sectors are at an impasse after the approval of PL 5,122 of 2023, which creates a special line of credit to alleviate debts for rural producers affected by climate or geopolitical events. Dubbed by the press as the text that in the Senate it has an impact of R$140 billion, according to Planalto. The FPA, on the other hand, that the cost is R$65 billion over 13 years.
For rural insurance, the Chamber in May a project that updates the legal frameworks of public policy, with changes to the PSR (Rural Insurance Premium Subsidy Program) and the Supplementary Coverage Fund for Rural Insurance Risks. The objective is to expand protection for farmers already in the 26/27 Harvest Plan.
