CPR issuance records reach R$ 560 billion in March.

Registrations for the issuance of Rural Product Certificates (CPRs) reached R$ 560 billion in March, a 17% increase compared to the same month last year. R$ 35 billion in certificates were issued, compared to R$ 30 billion in March 2025. Considering the total stock, the volume reached 402,000 certificates. The data is from the Private Agricultural Finance Bulletin, prepared monthly by the Department of Agricultural Sector Financing Policy of the Ministry of Agriculture and Livestock (Mapa). In the accumulated total for the current harvest, from July 2025 to March 2026, the registered value showed a 5% decrease, falling from R$ 299 billion in the previous season to R$ 283 billion in the current one, considering the same comparison period. Agribusiness Credit Notes (LCAs) reached a stock of R$ 583 billion in March, a value 6% higher than that recorded a year ago. Of this amount, at least 60% must be mandatorily reinvested by issuing financial institutions in rural financing. In March, the total amount to be reinvested was R$ 350 billion, a 28% increase compared to the same period in 2025. Of this total, at least 45% must be mandatorily allocated to rural credit, reaching R$ 157 billion in the analyzed period. The market for Agribusiness Receivables Certificates (CRAs) showed a 15% growth in the value of stocks in the last 12 months, demonstrating the good performance of the security throughout the historical series. In the case of Agribusiness Credit Rights Certificates (CDCAs), there was an 8% decrease in the value of the stock in March, compared to the previous year, totaling R$ 35 billion. The result still reflects the momentary and extraordinary growth that occurred in August 2024, which gradually reversed in the following months. Another highlight of March was the Investment Funds in Agribusiness Production Chains (Fiagro), whose data update was resumed in December after a brief interruption. In March, the net worth of Fiagro reached R$ 56 billion, a 29% increase compared to the same period last year. In total, 221 funds were operating regularly, a number 60% higher than that recorded in the same period of 2025.

This text was translated by machine from Brazilian Portuguese.