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EDITION Nº 007 · BRAZILTUESDAY, NOVEMBER 3, 2026 · 18:34
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GOVERNMENT & PUBLIC FINANCES03 NOV 2026 · 16:48

Lupion discards Ministry of Agriculture in Lula government after FPA support for Flávio

President of the FPA says that the front does not indicate to the government who did not support its position in the election, but remains open to negotiating sector agendas.

BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM REVISTA OESTE · 2 MIN

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Pedro Lupion (Republicanos-PR), president of the Parliamentary Agricultural Front (FPA), ruled out seeking nomination for the Ministry of Agriculture in the Lula government. According to Revista Oeste, when rejecting the hypothesis, he stated that the possibility “wouldn’t even be correct”, in a direct message about the relationship between the ruralist caucus and Planalto.

The reason, according to the report, is the public support that the FPA gave to Flávio Bolsonaro (PL) during the election. Lupion states that the front has an absolute majority of members who support Flávio, and this is the argument that supports the refusal.

Lupion recalled that, after Lula's victory, the FPA does not nominate a member of the government who did not support the front in the election. The rule, according to him, applies to any position in the Executive.

The Ministry of Agriculture is the department that concentrates the government's relationship with producers and agribusiness chains, which gives political weight to the decision. By staying out of the race for the position, the FPA signals that it intends to maintain its distance from the government in the composition of the first echelon.

Despite the refusal, Lupion said that the FPA remains willing to negotiate proposals of interest to the sector. The divergence, therefore, is restricted to the occupation of positions, and not at the agenda negotiation table.

What changes for the investor

For those who follow the stock market, dollar and interest rates, the central point is Congress's agenda. The FPA is one of the articulations that influence votes of interest to agribusiness, and friction with the Planalto could make it difficult to approve issues in the sector. The declared willingness to negotiate, on the other hand, maintains room for agreements if the agenda moves forward. The episode does not, in itself, provide a signal about asset prices. The reading depends on how the relationship between the bench and the government evolves in the next votes.

Automatically translated from Portuguese.

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