Agro investment fund grows 147% in the last 12 months

The value of the net equity of Investment Funds in Agribusiness Production Chains (Fiagro) grew 147% in the last 12 months, reaching R$38 billion reais. The Stock of Rural Product Certificates (CPR) grew 36% in the same period, reaching R$351 billion in June. The data is available in the Private Agro Finance Bulletin, in an edition recently published on the Ministry of Agriculture and Livestock website (Mapa). 

Agribusiness Letters of Credit (LCA) showed a more timid growth in the period in question, at 12%, reflecting the more restrained performance since the beginning of the year. However, LCA reached the significant milestone of R$472 billion in contracts last month. 

Together, CPR and LCA remain the main sources of private resources aimed at financing agribusiness, which demonstrates their importance for financing rural activities in the country. 

Finally, the Agribusiness Receivables Certificate (CRA) and the Agribusiness Credit Rights Certificate (CDCA) grew 26% and 8%, respectively, from June 2023 to June 2024. At the end of this period, CRA stocks and CDCA reached the value of R$140 and R$32 billion reais, respectively.