Rural credit in Mato Grosso do Sul totals R$ 1,1 billion and indicates caution.

Rural credit released in Mato Grosso do Sul totaled R$ 1,1 billion in March 2026, according to a survey by Aprosoja/MS based on data from the Central Bank. This volume represents a 7% decrease compared to the same month last year, but a 72% increase compared to February, indicating a slight recovery in loan disbursements.

The data shows a predominance of operating costs, which accounted for 59% of the resources released in the month. This concentration reinforces the producers' priority of keeping crops in progress, focusing on financing inputs, planting, and management.

Other categories had a smaller share, with 20% allocated to industrialization, 14% to investments, and 7% to marketing. The lower volume directed towards investments indicates caution on the part of producers in the face of high interest rates.

In the accumulated total for the 2025/26 harvest, between July and March, rural credit in the state totaled R$ 11 billion, with R$ 6,9 billion for agriculture and R$ 4,1 billion for livestock.

Another point highlighted by the report is the increased participation of operations outside the subsidized lines of the Plano Safra (agricultural plan), with greater use of credit at market rates. According to the analyst from Aprosoja/MS, Mateus Fernandes, this movement increases producers' exposure to financial costs.

"The numbers indicate greater caution on the part of rural producers. The recent reduction in the Selic rate may contribute to gradually easing the cost of credit, especially for those who depend on non-subsidized lines of credit," he states.

Despite the slight easing of interest rates, credit for investments remains at a low level, signaling a postponement of expansion and modernization projects. According to the entity, this scenario demands greater rigor in financial management, focusing on cost control and the strategic use of credit.