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Rural insurance has become a central point of the CNA’s push to the government for the 2026/2027 Harvest Plan, in a package that includes a request for R$ 623 billion in credit, a proposal for a multi-year agricultural policy, and measures to address high interest rates, indebtedness, climate risk, and loss of predictability in the countryside
Rural insurance has taken center stage in the proposals presented by the CNA to the federal government for the next Harvest Plan. The entity delivered, this Tuesday, a document with requests totaling R$ 623 billion in rural credit for the 2026/2027 cycle, in addition to R$ 4 billion for the Rural Insurance Premium Subsidy Program, in an attempt to restructure agricultural policy in the face of a tougher scenario for producers.
The pressure for change has gained strength because the environment in the countryside has become more adverse. According to the document, the sector faces a combination of high interest rates, increased costs, greater price volatility, rising indebtedness, growing default rates, and intensification of climate risks. In this context, the CNA argues that this year’s Harvest Plan needs to go beyond a record volume and become a state policy with more stability and predictability.
What the CNA has requested for the 2026/2027 Harvest Plan
The main demand presented by the CNA is the allocation of R$ 623 billion in rural credit for the next harvest. Of this total, R$ 104.9 billion would be directed to family farming and R$ 518.2 billion to corporate production.
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São Paulo releases R$400 million in rural credit in a record package for farmers, agricultural insurance, machinery, and land regularization.
The request, however, is not limited to the amount. The entity wants a reformulation of the current model so that the Harvest Plan no longer depends solely on annual announcements subject to cuts, readjustments, and budgetary uncertainties throughout the agricultural cycle.
Rural insurance becomes a priority in the new framework advocated by the CNA
Rural insurance is treated by the CNA as one of the biggest bottlenecks in Brazilian agricultural policy. Therefore, the entity is requesting R$ 4 billion for the PSR, in addition to the approval of PL 2.951/2024, which, according to the document, modernizes the insurance.
The assessment is that the instrument has lost effectiveness due to a lack of budget and frequent spending freezes. This weakening occurs precisely when extreme climate events become more relevant and increase the risk of losses in the countryside.
The numbers that explain the pressure on rural producers
The document presented by the CNA gathers data that helps show why the sector sees the next Harvest Plan as decisive. One of the most striking figures is the default rate on rural credit with market rates, which more than tripled in one year, rising from 4.73% in February 2025 to 13.84% in February 2026.
At the same time, the entity states that the basic interest rate has remained above 13% per year in recent years, while production costs, especially for inputs and energy, continue to pressure producers’ cash flow. The result is an environment of greater financial strain and growing difficulty in obtaining financing.
Why the CNA wants a multi-year Harvest Plan
The CNA argues that the biggest structural problem of the current model is the mismatch between the agricultural cycle and the government’s fiscal calendar. Today, according to the entity, there is a disconnect between the Federal Budget and the real-time pace of agricultural production, which generates interruptions, uncertainty, and the need to replenish resources throughout the year.
Therefore, the central proposal is to migrate to a multi-year model, integrated with the PPA, with developments in the LDO and the LOA. The practical promise of this change is to create a medium-term basis for financing the sector, with more predictability for credit, insurance, and investments.
What would change in practice with a multi-year model
In the CNA’s view, a multi-year Harvest Plan would allow for continuity in execution, more stability for agricultural policies, and a lower risk of interruption of important credit lines. This would have a direct impact on the planning of producers and banks, who could work with a clearer horizon.
It would also help reduce instability in areas considered sensitive, such as interest rate equalization and rural insurance itself, which currently suffer from budgetary uncertainties throughout the year. The entity wants agricultural policy to stop operating on a logic of improvisation and start operating with predictability.
Indebtedness and expensive credit increase the sense of urgency
The CNA states that the rise in rural indebtedness and the difficulty in accessing credit require a broader response from the government. Among the factors pointed out are stricter requirements from banks, the increased perception of risk, more rigid regulatory rules, and legal uncertainty in the execution of guarantees.
Within this context, the entity supports Bill 5,122/23, which deals with debt securitization, and advocates for measures aimed at the producer’s financial health. The assessment is that the problem is no longer merely cyclical and has begun to threaten the investment capacity in the countryside.
What the CNA wants to change in rural credit interest rates
In the proposals for funding, the CNA suggests interest rates of up to 4% per year for Pronaf, 9% per year for Pronamp, and 12.5% per year for other producers. The goal is to make credit less burdensome in a scenario of financial tightening.
Additionally, the entity calls for an update of the income limits for eligibility in Pronaf and Pronamp, reduction of bureaucracy, combating tied selling, expansion of guarantee funds, and strengthening of private financing via the capital market.
What agribusiness uses as an argument to demand more support
Even under pressure from interest rates, costs, and defaults, agribusiness continues to be presented as one of the main drivers of the Brazilian economy. According to the document cited in the report, the sector grew 11.7% in 2025 and accounted for about one-third of the GDP expansion.
This performance is used by the CNA to argue that the country cannot let the competitiveness of the countryside weaken due to a lack of support instruments. The entity’s message is that the problem is not in productive efficiency, but in the fragility of agricultural policy given the size of the sector.
Investment, storage, and irrigation are part of the package
In investment programs, the CNA calls for priority for RenovAgro, focused on sustainability, for the PCA, related to storage, and for Proirriga, focused on irrigation. The logic is to address structural bottlenecks that affect productivity and competitiveness in the medium term.
These fronts appear as a complement to funding credit and the strengthening of rural insurance. The intention is to combine working capital, risk protection, and investment in productive infrastructure, so that the Harvest Plan is not restricted to an emergency response.
Why rural insurance has gained so much importance now
The increase in climate risks has changed the level of discussion about rural insurance. The CNA states that the current low coverage increases the sector’s systemic risk and may pressure the government itself later on, with the need for large-scale debt renegotiation.
In other words, the entity argues that strengthening insurance now costs less than dealing later with the accumulated effects of losses without adequate protection. That is why the topic appears as one of the absolute priorities in the document delivered to the government.
What the CNA wants to avoid with this redesign of agricultural policy
In the final diagnosis presented by the entity, the Harvest Plan needs to stop being just a major annual credit announcement and become a structuring policy, with governance, predictability, and integration with fiscal, environmental, and market areas.
The CNA warns that, without this redesign, Brazil runs the risk of losing competitiveness not due to productive failure, but due to the absence of support instruments compatible with those of international competitors. The pressure, therefore, is not just for more resources, but for a model considered more stable and functional for the countryside.
In your view, should the government prioritize more immediate credit, strengthening rural insurance, or shifting to a multi-year Harvest Plan to give producers more predictability?
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