The stock of CPR (Rural Product Notes) reached R$565 billion in May 2026, an increase of 13% compared to the same period last year. Despite the increase in stock, the volume of new issues in the current harvest declined. Between July 2025 and May 2026, registrations totaled R$343.9 billion, a drop of 6% compared to the R$366.6 billion recorded in the previous cycle.
The data is part of the Private Agricultural Finance Bulletin, released by MAPA (Ministry of Agriculture and Livestock). According to the Agricultural Policy Secretariat, the CPR maintains a prominent position among the private financing instruments used by Brazilian agribusiness.
LCA (Agribusiness Letters of Credit) ended May with a stock of R$571.5 billion, practically stable in relation to the last 12 months, with a decrease of 0.3%. Even so, resources allocated to rural financing grew.
At least R$342.9 billion was directed to agricultural activities, a volume 20% higher than that recorded a year earlier. The increase reflects the increase in the regulatory requirement for the application of resources raised by LCAs in the agricultural sector, which increased from 50% to 60%.
CRA (Agribusiness Receivables Certificates) recorded a stock of R$ 175.7 billion in May, growth of 12% in the annual comparison.
The CDCA (Agribusiness Credit Rights Certificates) presented a stock 6% lower than that observed in May 2025. According to the SPA, the result is related to accommodation after the strong expansion registered by this instrument in August 2024.
The (Fiagro) Investment Funds in Agribusiness Production Chains also maintained a growth trajectory. In April 2026, the category’s net worth reached R$62 billion, distributed across 247 funds in operation.
