Brazil's 2026/2027 Family Agriculture Harvest Plan Receives 97.3 Billion Reais in Investment
2026-07-01 16:24
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en.Wedoany.com Reported - The Brazilian federal government announced the 2026/2027 Family Agriculture Harvest Plan on the evening of June 30, with a total investment of 97.3 billion reais, setting a historical record. The plan's funds are primarily allocated to credit, agricultural insurance, and technical assistance projects, of which 85.2 billion reais are invested in the National Program for Strengthening Family Agriculture (Pronaf), with financing scale expanding by nearly 9% compared to the previous cycle.

Family Agriculture Harvest Plan 2026/2027 Record Investment of 97.3 Billion Reais

The plan's cost and investment interest rates have both been reduced, aiming to encourage sustainable food production and promote the modernization of rural infrastructure. The restructuring of credit lines is intended to expand coverage across all producing regions nationwide. Minister of Agrarian Development and Family Agriculture Fernanda Machiaveli stated at the guideline launch ceremony that this is the largest and most comprehensive family agriculture harvest plan in history, expected to benefit over 2.4 million family farmers.

The plan establishes new rules for Pronaf costs, prioritizing the reduction of prices for basic foods consumed by the population. The annual interest rate for production financing of essential items such as rice, beans, and cassava has been reduced from 3% to 2%. For production systems based on agroecology, organic agriculture, and sociobiodiversity, the financial burden has been reduced from 2% to 1% annual interest rate. Pronaf Agroecology conditions have been simultaneously improved, with annual interest rates reduced from 3% to 2%. For the Pronaf Bioeconomy project targeting forestry and agroforestry systems, the limit reaches 450,000 reais.

Rural productive microcredit operating through Pronaf B has adjusted its operational limits, raising the financing ceiling per household from 53,000 reais to 74,000 reais, with the applicable annual household income ceiling increased to 60,000 reais. This credit line has a fixed annual interest rate of 0.5% and offers a performance bonus of up to 40% for producers who repay their debts on time. Due to the International Year of Rural Women, female rural workers benefit from exclusive incentive rules in the current cycle, with Pronaf investment interest rates for women reduced to 2% and a ceiling set at 100,000 reais. For rural youth, the maximum Pronaf Youth investment has been increased to 50,000 reais, with interest rates stabilized at 2% per annum.

Incentives for the modernization of small rural properties are achieved through the Pronaf More Food program, with annual interest rates for small machinery purchases reduced from 2.5% to 1.5% and the financing ceiling expanded to 120,000 reais. Investments in irrigation, storage, and rural connectivity operate at a 2% annual interest rate, while tractors valued at up to 250,000 reais maintain a 5% annual interest rate. In terms of social infrastructure, Pronaf B Housing has been established, providing up to 10,000 reais for home renovations and sanitation facilities, with an annual interest rate of 0.5%. At the institutional level, the government has signed decrees establishing the National Land Governance Policy and the Brazil Land Plan, aimed at accelerating the land regularization of public and private properties.

The new cycle's operations include the launch of a technology platform to reduce bureaucratic procedures for accessing federal resources. New versions of the Pronaf Credit Simulator and the Rural Property Application will be released to guide producers on credit line eligibility conditions and environmental regularization matters. The National Agency for Technical Assistance and Rural Extension (Anater) will publish a supplementary notice for technical assistance in the coming days, including a public call specifically targeting rural women worth 50 million reais.

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