Central-West registers R$ 15,7 million in rural credit concession

According to data from Serasa Experian's Agro Bulletin, among the Brazilian regions, the Central-West recorded the largest amount of credit granted during the second quarter of 2024. R$15.797,5 million were granted in rural and agro-industrial lines of financial resources. Even so, according to the company's unprecedented disclosure, the comparison with the same period in 2023 revealed a drop of 11,9%. See the complete credit data for the region in the table below:

It is important to highlight that this data was analyzed based on approximately 9,8 million rural property owners, those who contracted rural or agro-industrial financing distributed among the universe of individuals who authorize its use in the Positive Registry and/or who have a record of rural producer activity.

In the scenario by Federative Units (UFs), it was possible to identify that Mato Grosso achieved the highest amount in granting of rural and agroindustrial credit to rural producers who act as individuals. The State recorded R$7.343,7 million, with approximately 10,6 thousand contracts that had an average ticket of R$692,3 thousand – higher than the average for the region. Even so, there was a 2,9% drop in the comparison of the overall amount (7,3 million) in the quarter-on-quarter assessment (2024/23).

Still regarding this quarterly comparison (Q2/24 x Q2/23) with the general amount of the States: the Federal District was the only State that registered an increase, of 5,9%. While in Mato Grosso do Sul the drop was the sharpest (-26,3%), and in Goiás there was a retraction of 11,4%. Check the table below for complete information on the scenario of each State: 

New Agro Bulletin provides details on the economic scenario in the 2nd quarter of 2024

The new edition of the Agro Bulletin, developed by Serasa Experian, is now available for access with unprecedented data on the second quarter of 2024. The material provides diverse information and details on the economic and financial scenario of agribusiness, with specific categories for rural credit consumption, default, judicial recovery and more.

The report provides general and segmented data by size, age group, credit line, debt duration, among others. In addition to the view by agricultural regions and states of the country. All of this provides a broader view of the relationship between rural landowners and the Brazilian credit market, enabling the identification of trends, seasonality and financial behaviors adopted in times of instability, such as climate or economic crises.

“This is yet another initiative that reinforces the purpose of democratizing access to information about the agribusiness sector, disseminating knowledge to support critical analyses and decision-making by the market, for example. The material is a true financial x-ray of the agribusiness sector in the country,” concludes the head of agribusiness at Serasa Experian.