Brazil will announce its new Plano Safra as another record, and on paper it is. Look closer, though, and it is a record that shrinks against everything the farm sector is up against.
Key Facts
—The plan. Brazil unveils its 2026/27 Plano Safra on June 30, the yearly package of subsidised credit that bankrolls the country’s farms.
—The size. The package is expected to land near six hundred and fifteen billion reais ($119 billion), a nominal record up from R$594.4 billion last cycle.
—The shortfall. That falls below the roughly R$652 billion the farm ministries sought and the R$623 billion ($120 billion) the sector lobby wanted.
