Brazil launches BRL 516.2 billion Harvest Plan for agribusiness
President Luiz Inácio Lula da Silva on Tuesday (Jul. 1) launched the 2025/2026 Harvest Plan, allocating BRL 516.2 billion to finance agriculture and livestock farming in the country. Of this total, BRL 447 billion will support large rural producers and cooperatives, while BRL 69.1 billion will go to producers covered by the National Program to Support Medium-Sized Rural Producers (Pronamp).
The amount is BRL 8 billion higher than in the previous harvest and covers financing, marketing, and investment operations. Conditions vary depending on the beneficiary’s profile and the program accessed.
Financing credit may also be used for the production of seeds and seedlings of native or exotic forest species, as well as for reforestation, with the aim of promoting environmental preservation initiatives. In this context, financing will also be available for cover crops, which help preserve the soil between harvests.
During an event at the Planalto presidential palace, Lula stated that Brazil’s agricultural productivity is directly linked to its ability to protect the environment. He emphasized that this understanding must permeate the entire sector and society, positioning the country as a leader in food production.
“The great success is not just the increase in productive capacity or the number of markets we have reached. The real success is the lesson it teaches all of us: that by engaging in the kind of preservation that is both appropriate and necessary for the country—by protecting our rivers and water sources, and by restoring degraded land—we come to realize, over time, that we are producing more on fewer hectares,” said the president, noting that the country still has 40 million hectares of degraded land.
Of the total amount made available under this Harvest Plan, BRL 414.7 billion will go toward financing and marketing, and BRL 101.5 billion will be allocated for investments. Interest rates for financing and marketing will be 10 percent for Pronamp producers and 14 percent for other producers per year. For investments, interest rates will range from 8.5 percent to 13.5 percent annually, according to the program. The plan also provides that producers who adopt sustainable practices will have access to differentiated conditions, such as reduced interest rates.
