By Gabriel Azevedo Only 35% of the agricultural funding portfolio operated by Sicredi in the 2024/25 harvest had interest equalized by the National Treasury. Most operations were financed with proprietary funding, such as Agricultural Credit Notes (LCA), rural savings, and demand deposits, according to the institution's Executive Credit Director, Gustavo Freitas. For the 2025/26 cycle, the trend is to maintain this structure, with a predominance of free resources and direct transfers, even with the new demand deposit eligibility rules. "The main source is LCA, then rural savings, and then demand deposits. Equalization accounts for about a third of the total in funding. The rest is our own resource, without subsidy," Freitas stated during a press conference in São Paulo (SP). Sicredi projects releasing R$ 68 billion in rural credit in the new harvest, compared to R$ 61.9 billion in 2024/25. The breakdown of the R$ 68 billion planned for 2025/26 includes R$ 24.3 billion in funding, ...