Brazil’s government is considering allocating around R$550 billion to the 2026/27 Farm Credit Plan, with lending rates below 10%, Agriculture Minister André de Paula said. An official announcement is expected on July 1. The proposed package exceeds the R$516.2 billion earmarked for commercial farming in the previous cycle. The government also plans to expand a special credit line for agricultural machinery upgrades to R$14 billion from R$10 billion. Interest rates will be set at 8.5% annually for BNDES-backed loans and 9.5% through other financial institutions. The measures aim to support producers facing high debt levels and weaker investment activity, following a 22% drop in Agrishow 2026 business intentions.
Source: Globo Rural