Hiring in the 2025/26 Harvest Plan falls 24%

In the first two months of operation of the 2025/26 Harvest Plan, from July to August, the amount contracted in rural credit totaled R$63,73 billion, a 24% decrease compared to the same period last year, when it totaled R$83,83 billion. The current cycle provides R$594,4 billion in financing for rural producers, according to data from the Rural Credit Report of the Ocepar Technical Development Management (Getec), based on information from the Central Bank of Brazil.

In recent years, the volume of rural credit contracted has been trending downward: in the 2023/24 Harvest Plan, it was R$415,46 billion, while in 2024/25 the total reached R$377,99 billion. "The reduction at the beginning of the 2025/26 harvest largely reflects the increase in interest rates due to the hike in the Selic rate," explains Salatiel Turra, an analyst at Getec.

Among the financing sources used at the beginning of the 2025/26 harvest, Mandatory Resources were the most widely used, accounting for 29% of the total. This was followed by Free Resources (25%), LCA (22%), Rural Savings (14%), BNDES (5%), and Constitutional Funds (4%). "The data highlight the diversification of credit sources available to the rural sector," adds Turra.

Rural cooperatives

Brazilian cooperatives contracted R$9,2 billion in rural credit in the first two months of the 2025/26 Harvest Plan. Paraná stood out, accounting for approximately 32% of this total (R$2,91 billion), reinforcing its relevance in the national agricultural financing scenario.