The Ministry of Agriculture and Livestock (Mapa) published the new edition of the Private Agricultural Finance Bulletin, with data on the performance of the main private financing securities and funds in the sector in February. Registrars recorded a 16% growth in the stock of Rural Product Certificates (CPRs) in February of this year, compared to the same period last year, with 402,000 certificates registered, totaling R$ 561 billion. In the current crop year, from July 2025 to February 2026, registrars issued R$ 248 billion in CPRs, a slightly lower value than that recorded in the same period of the previous crop year, with an 8% decrease. Agribusiness Credit Notes (LCAs), which also play an important role in funding resources directed to the sector, reached a stock of R$ 588 billion in February, a value 9% higher compared to a year ago. It is worth mentioning that, of this LCA (Agricultural Credit Note) stock, at least 60% of the value must be reinvested by the issuing financial institutions in rural financing. In February, the total amount to be reinvested reached R$ 352 billion, indicating a significant increase of 31% compared to the same period in 2025. The market for Agribusiness Receivables Certificates (CRA) has been repeating the good performance observed throughout the beginning of 2026, showing a 15% growth in the value of stocks in the twelve months up to February of this year, reaching R$ 176 billion. Meanwhile, the stocks of Agribusiness Credit Rights Certificates (CDCA) showed an 8% decrease in February compared to the previous year, reaching R$ 32 billion. This drop still reflects the momentary and atypical growth that occurred in August 2024, which gradually reversed over the following months. The update of data on the performance of Investment Funds in Agribusiness Production Chains (Fiagro) resumed in December, after a brief interruption last year. In January, the net worth of Fiagro reached R$ 48 billion, a 10% increase over the last twelve months, with 220 funds in operation, a number 60% higher than that recorded in the same period last year. The bulletin is developed monthly by the Department of Financing Policy for the Agricultural Sector of the Ministry of Agriculture's Agricultural Policy Secretariat.
This text was translated by machine from Brazilian Portuguese.