BNDES will make R$ 72 billion available in the 2026/27 Harvest Plan.

The Brazilian National Bank for Economic and Social Development (BNDES) will make R$ 72 billion available in the 2026/2027 Harvest Plan to finance investments in Brazilian agriculture between July 16, 2026, and June 30, 2027. In the previous period, the amount made available was R$ 70 billion. Of this, R$ 40.5 billion will be in subsidizable resources that can be accessed through Federal Government Agricultural Programs (PAGF). These programs have specific terms, rates, and budgets. Of this amount, R$ 21.5 billion will be for medium and large-scale agribusiness producers, with interest rates between 8.0% and 12.5% per year; and R$ 18.9 billion for family farming, with interest rates between 0.5% and 7.5% per year. There was a reduction in interest rates in most programs. “BNDES serves both commercial and family farming, with resources reaching all of Brazil through our network of partner agents. It's credit for investment, technology, innovation, and sustainability,” highlighted the president of BNDES, Aloizio Mercadante. For commercial farming, resources will be offered through nine programs, including Moderfrota, Pronamp, Renovagro, Inovagro, Proirriga, Prodecoop, and PCA. For family farming, BNDES operates with different lines of the National Program for Strengthening Family Farming (Pronaf). In this Harvest Plan, R$ 18.9 billion will be allocated to Pronaf, a value 41% higher than the R$ 13.4 billion in the 2025/26 Harvest Plan. For the North and Northeast regions, R$ 646.9 million will be allocated exclusively to family farmers in these regions during this period. BNDES Rural Credit – BNDES also offers the agricultural sector its own permanent, non-equalized credit lines with the Treasury. The highlight is BNDES Rural Credit, which will have a budget of R$ 31.5 billion over the next 12 months. In the previous harvest, the volume was R$ 30.3 billion. BNDES Rural Credit is aimed at investment projects, machinery acquisition, operating costs, support for cooperatives, and the issuance of Financial Rural Product Certificates (CPR-F) or Agribusiness Credit Rights Certificates (CDCA) backed by agribusiness credit rights. BNDES support within the scope of the Harvest Plan or through its own financing lines for the agricultural sector occurs directly or, mainly, indirectly. In the direct modality, the resources are contracted directly with BNDES. In the indirect model, the contracting and transfer of funds occur through one of more than 80 accredited partner financial institutions, covering approximately 93% of the national territory.

This text was translated by machine from Brazilian Portuguese.