Plano Safra 2026/2027 Boosts Agricultural Funding with Strong Focus on Science and Innovation

The Brazilian government launched the Plano Safra 2026/2027 on July 1, allocating a record R$ 525.1 billion to support agricultural financing, representing an increase of R$ 9 billion over the previous cycle. This comprehensive program aims to modernize Brazilian agriculture through increased funding spread across operational costs, commercialization, and investments.

Of the total, R$ 384.9 billion is dedicated to operational and commercial expenses, while R$ 140.2 billion is earmarked for investments such as irrigation, storage, production structures, land recovery, and machinery acquisition. Noteworthy is the R$ 10 billion allocation for machinery and equipment financed by the National Fund for Scientific and Technological Development (FNDCT) and managed by the Financier of Studies and Projects (Finep), designed to spur innovation in agriculture and strengthen the national machinery industry.

The plan also raised funding for the National Support Program for Medium Rural Producers (Pronamp) to R$ 72.6 billion, expanding access to credit for medium-sized producers. Minister of Science, Technology, and Innovation Luciana Santos highlighted the vital role of public investment and scientific development in consolidating Brazil as a global food producer. President Geraldo Alckmin underscored the strategy to simultaneously increase financing while reducing interest rates for agricultural producers.

Minister of Agriculture André de Paula emphasized Plano Safra’s evolution as a crucial tool for financing, which contributed to opening 642 new international markets during the current administration. He pointed to increased investments in agricultural research, notably a tripling of funding for Embrapa, Brazil’s leading agricultural research corporation. This comprehensive approach aims to drive productivity and foster technological advancement to solidify the country’s global agricultural leadership.

Complementing national efforts, the Amazonas state government recently launched initiatives to advance science, technology, and innovation, focusing on research support, education, and scientific dissemination. These include significant investments in programs such as Profix-CB for doctoral researchers and Ciência na Escola to promote scientific initiation among students. These actions align with broader public policies aimed at integrating science and technology to foster sustainable socio-economic development.