EN 
PT_BR 
The volume of rural credit granted in Mato Grosso do Sul totaled R$1.1 billion in March 2026, according to the Rural Credit Bulletin produced by Aprosoja/MS, based on data from the Central Bank. This amount represents a decrease of 71% compared to the same month last year, although it registered an increase of 72% compared to February of this year.
According to the survey, 59% of the resources released in the month were allocated to production costs, reinforcing the producers' priority of ensuring the maintenance of the harvest, with financing for expenses such as the acquisition of inputs, planting and crop management.
Other purposes had a smaller share in credit operations in March in the state. Industrialization accounted for 20%, followed by investments with 14% and commercialization with 7%.
In the accumulated harvest period, between July 2025 and March 2026, rural credit granted in Mato Grosso do Sul already totals R$11 billion. Of this total, R$6.9 billion was allocated to agriculture and R$4.1 billion to livestock.
The report also points out that most of the transactions have been contracted outside the subsidized lines of the Plano Safra (agricultural plan), that is, in modalities with market rates.
According to Mateus Fernandes, an economics analyst at Aprosoja/MS, this scenario increases the producer's exposure to interest costs and demands greater attention to the financial management of their properties. "The numbers indicate a move towards greater prudence on the part of rural producers. The reduction of the Selic rate from 151% to 14.75% is a positive sign, as it can help to reduce, albeit gradually, the cost of financing, especially for those who depend on these lines of credit."
According to the publication, credit directed towards investments, used for production expansion or technological modernization, remains at a lower level.
“The concentration of credit on operating costs shows that producers are prioritizing keeping production going. The fact that credit for investment remains lower indicates that many producers are postponing expansion or modernization projects. Even with the slight drop in interest rates, the financial cost is still considered high. Thus, the moment demands increased attention to financial management, seeking to balance the use of credit, control costs, and take advantage of market opportunities with greater security.”
