IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL5.19▼ 0.16% USD/MXN17.02▼ 0.08% USD/CLP930.58— 0.00% USD/COP3,202▲ 0.05% USD/PEN3.37▲ 0.43% USD/ARS1,512▼ 0.03% USD/UYU40.27▲ 1.47% USD/PYG5,900▲ 1.27% USD/BOB11.78▲ 3.30% USD/DOP58.75▲ 0.24% USD/CRC446.65▲ 0.97% USD/GTQ7.62▲ 2.20% USD/HNL26.84▲ 0.40% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.84% EUR/BRL6.01▲ 0.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, August 31, 2026

Colombia’s Petro Uses Flood Emergency to Revive Land Seizure Powers

By · February 26, 2026 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Key Points

A new decree under Colombia’s flood emergency authorizes the National Land Agency to occupy, purchase, and expropriate rural properties to relocate disaster victims — with drastically shortened legal timelines.
Critics say the measure recycles an expropriation decree from last year’s Catatumbo security emergency that Congress explicitly rejected when the government tried to make it permanent law.
Colombia’s National Business Council rejected the emergency decrees as an overreach that introduces structural policy changes under the guise of disaster relief.

Flooding across Colombia’s Caribbean coast has killed at least 18 people, displaced tens of thousands of families, and submerged over 870 square kilometers of farmland. The disaster is real. What’s drawing fire is what President Gustavo Petro’s government is doing with the emergency powers it declared in response — specifically, a decree that critics say has less to do with flood relief than with advancing a land reform agenda that Congress already blocked.

This is part of The Rio Times’ daily coverage of Colombia news and Latin American financial news.

What the Decree Does

Decree 0174, issued under the flood emergency declared by Decree 150 of 2026, authorizes the National Land Agency (ANT) to occupy, purchase, and expropriate rural properties when needed to relocate populations affected by flooding. The agency can also impose easements, take temporary possession of land, and take over agrarian proceedings already underway in courts.

Colombia’s Petro Uses Flood Emergency to Revive Land Seizure Powers. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Former agriculture minister Andrés Valencia called it an exceptional tool, not a generalized expropriation. Acquired properties undergo automatic title cleansing — meaning the state receives the land free of debts, liens, or legal encumbrances. Creditors retain their claims against the original owner but can no longer pursue the property itself.

The decree also addresses livestock. If owners fail to remove animals during land recovery operations, the ANT can transfer them to municipal facilities. Where no such facility exists, the animals may be declared abandoned and, in some cases, slaughtered under sanitary protocols.

A Familiar Playbook

The measure is nearly identical to Decree 0108, issued a year ago during the state of emergency over the Catatumbo security crisis. That decree authorized administrative expropriation and prioritized victims of forced displacement and former combatants. Petro’s government later tried to convert it into permanent legislation, but Congress voted it down.

Former deputy agriculture minister Juan Gonzalo Botero warned that the new version compresses legal timelines to just 13 calendar days plus an evidence period, potentially violating property owners’ due process rights. He added that the decree grants the ANT extraordinary police-style powers, including authority to reassume judicial proceedings and occupy land managed by the Victims’ Fund and the National Land Restitution Unit.

Business Groups Push Back

The National Business Council expressed solidarity with flood-affected communities but rejected what it called structural policy changes disguised as emergency relief. The council argued that the decrees — spanning tax, environmental, financial, and agrarian measures — exceed the temporary and exceptional character that Colombia’s constitution assigns to emergency powers.

The Constitutional Court already froze Petro’s previous economic emergency decree in January, ruling 6-2 that a budget shortfall does not constitute the kind of extraordinary crisis the constitution envisions. Whether the flood emergency — built on a genuine natural disaster rather than a fiscal dispute — survives judicial review will likely determine how far the government can push its land agenda before Petro leaves office next year.

For more context, read Brazil’s Morning Call and the Ibovespa market report.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.