LCA and CPR remain heated upa t agriculture private financing

The Letra de Crédito do Agronegócio (LCA) stocks had again, a favorable performance, at R$ 420,80 billion in this year’s june, a raise of 58% When compared at june/22. The value update was registered at Boletim de Finanças Privadas do Agro, made by the Secretaria de Política Agrícola from Ministério da Agricultura e Pecuária (MAPA), with data from june.  The newsletter is updated Monthly with the performance from the main private caption instruments for the agirculture business manufacture chains’s funding.

The number also reveal meaningful growth of the stock from Cédula de Produto Rural (CPR), 65% or R$ 260 billion, and from Fundos de Investimento nas Cadeias Procutivas do Agronegócios (Fiagro), 212% or 15,60 bililion.

The cumulative registered from CPR at the current Harvest 2022/2023, add up R$ 272,73 billion, a value 56% over the last year’s same period.

Also, at the contracts balance from the Certificado de Recebíveis do Agronegócio (CRA), 42%, and from Certificado de Direitos Creditórios do Agronegócio (CDCA) 30%, remain positive, in confomity with the verified tendency at the last Years.

As a novelty, the bulletin now presents data on the distribution of the number of Rural Credit contracts with LCA source by Financial Institution segment. According to the Central Bank of Brazil, public banks account for the largest share, 72%. Private banks and credit cooperatives account for about 27% of the share of rural credit contracts with the LCA source.

Article originally published in: LCA and CPR remain heated upa t agriculture private financing