EN 
PT_BR 
The Faep System expresses concern regarding the interest rates provided for in the 2025/26 Harvest Plan, announced this Tuesday (1st) by the federal government. The rates were raised between 1.5 and 2% in relation to the last season, ranging from 8.5% to 14% per year. In a document sent in March to the Ministry of Agriculture and Livestock (Mapa), entities from Paraná demanded that the interest rates be between 7% and 11%, depending on the financing line. For the Faep System, this may make access to resources difficult or even impossible.
Furthermore, rural insurance was left out of the Harvest Plan, another reason for concern. “Once again, the production sector and the entities that represent rural producers were not heard. The federal government’s unfeasibility of this channel has made agricultural planning difficult, causing our farmers and ranchers to live with a lack of resources, high interest rates that further increase production costs, and uncertainty in several areas, such as rural insurance,” says the interim president of the Faep System, Ágide Eduardo Meneguette. “This Harvest Plan is further proof that the federal government is not looking at the agricultural sector as it should and deserves,” he adds.
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Furthermore, the Faep System warns that the resources for equalization (intended to cover the difference between the interest rates practiced in the market and the rate offered in the government's financing lines) may be insufficient. The amount for the 2025/26 Harvest Plan has not yet been disclosed. The entities from Paraná advocate, at least, R$$ 25 billion to operationalize the Harvest Plan.
The 2025 Annual Budget Law (LOA) provides R$14 billion for economic subsidies for rural credit operations. “Last season, for example, the resources for equalizing interest rates ran out at the beginning of the year. As a result, financial institutions, such as banks and brokerages, were unable to offer financing at the interest rates provided for in the Harvest Plan. In practice, financing did not come through,” Meneguette points out. “In other words, without sufficient resources for equalization, there is a risk that rural producers will not be able to access credit lines, even before the end of the season,” he emphasizes.
Financial volume
Regarding the volume of resources, the government's announcement was close to the R$597 billion requested by Paraná entities. The 2025/26 Harvest Plan will make R$516.2 billion available to finance medium and large rural producers. Added to the R$78.2 billion that will be allocated to family farming, the agricultural sector will have R$594.4 billion for the season.
The financing and marketing modalities will have R$414.7 billion, which corresponds to a contribution 3.3% higher than last season. On the other hand, the federal government extended until June 2026 the application of a discount of 0.5% on the interest rate of rural credit for financing rural producers who adopt sustainable practices.
Among the funding lines, the National Program to Support Medium-Sized Producers (Pronamp) will have R$69.1 billion in controlled resources, with interest of R$101.4 billion per year. The amount is greater than the R$65.23 billion made available last season, but lower than the R$72 billion requested by Paraná entities. Also in relation to Pronamp, the government increased the gross income limit for rural producers to R$3.5 million per year for accessing the program.
The Faep System also expressed concern about the announced cuts in the lines aimed at investment in the sector. The Ministry of Agriculture, Livestock and Supply (MAPA) is expected to release R$101.1 billion, a drop of R$5.41 billion compared to the amount allocated in the last harvest. The entities from Paraná advocated the release of R$135.1 billion for investment. “The cuts need to occur in the bloated machinery of the federal government, and not in resources aimed at the sector that has sustained the country's economy for years, generating income and jobs everywhere. We will continue fighting to obtain more resources so that our rural producers can work with some planning,” says Meneguette.
