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The Taubaté Agreement, was an agreement signed on 26 February 1906 during the First Brazilian Republic between the presidents of the states of Minas Gerais, São Paulo and Rio de Janeiro, the main producers of coffee in Brazil. Foreseeing the harvest of a record crop, the agreement was signed in order to artificially maintain the high prices of coffee. Based on the principles of the Governors' Policy, an intervention by the Federal government of Brazil was agreed for the benefit of the coffee growers in certain regions of the country.
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