Banco do Brasil expects a cooling of agribusiness default rates later this year

By Isadora Duarte Brasília, 02/12/2025 - After agribusiness default reached a record 5.34% of the sector's total credit portfolio at the end of the third quarter of this year, Banco do Brasil expects to start seeing a reduction in the indicator of payment delays in operations still this year. "The expectation is that starting in December, with the renegotiations of rural credit, we will be able to see a cooling in these numbers. The fact that it took longer than expected to start the operation process delayed this perspective a bit," said the Vice President of Agribusiness and Family Agriculture of the bank, Gilson Bittencourt, in conversation with journalists. In October, the indicator, which measures delays over 90 days, remained similar to that observed at the end of September, due to the renegotiations having effectively started only at the end of that month, Bittencourt noted. "In October, we were experiencing the default that occurred in September. Therefore, we will still ...