Phytophthora palmivora was isolated from infected peach palm (Bactris gasipaes) plants with stem rot symptoms in Paraná State, in 2002. Pathogenicity tests and subsequent reisolations of P. palmivora confirmed the hypothesis that this fungus was the causal agent of the disease. This is the first report of P. palmivora causing stem rot on peach palm (Bactris gasipaes) in the southern State of Paraná.