Banco do Brasil adds R$1.64 billion in renegotiation of rural debts in MT

Banco do Brasil adds R$1.64 billion in renegotiations of rural debts in Mato Grosso. The amount refers to Provisional Measure 1,376/2026.

Presented on Wednesday (15) July 2026, Provisional Measure 1,376 authorizes lines of credit for producers to pay off rural debts.

The bank superintendent in Mato Grosso, Daniel Siqueira, advises producers with outstanding installments to look for a branch. Each situation will be analyzed individually.

Banco do Brasil (BB) adds R$1.64 billion in amounts related to the renegotiation of rural debts in Mato Grosso — Photo: Reproduction

Banco do Brasil (BB) totals R$1.64 billion in amounts related to the renegotiation of rural debts in Mato Grosso through Provisional Measure No. 1,376/2026. According to the most recent balance released by the institution, the amounts are in different stages of contracting.

Of the total, R$992.6 million corresponds to contracts classified by the bank as “already dispatched”. Another R$366 million is in the final contracting phase, while R$284 million is still in the stage of receiving supporting documents at BB branches in the state.

Provisional Measure No. 1,376 was presented by the federal government on July 15, 2026. It authorizes the creation of credit lines to help rural producers and cooperatives pay off or amortize rural financing debts and Rural Product Notes (CPRs), especially those affected by adverse weather events or unfavorable market conditions.

The rule also authorizes the Union's participation in a fund guaranteeing rural credit operations contracted by producers affected by climate events.

Mato Grosso plays a prominent role in Brazilian agribusiness and leads national soybean production. In the 2025/26 harvest, the state produced 51.6 million tons of grain, a record volume that represents around 28.6% of all soybeans harvested in the country, according to the Mato Grosso Institute of Agricultural Economics (Imea).

The size of this production is equivalent to just over 1 million truck loads, with the capacity to transport up to 50 tons each. If the vehicles were lined up, they would form a queue of approximately 31 thousand kilometers.

The distance would be enough to do around seven laps around Brazil, according to an estimate by Agricultural Engineering professor Maicon Marinho Vieira Araújo, from the Federal University of Mato Grosso (UFMT). The numbers help to assess the importance of Mato Grosso production for national agribusiness.

The provisional measure was approved by the Senate this Wednesday (11) and went to presidential sanction. The text had been edited in July and needed to be approved by Congress by that date to not lose its validity.

The state superintendent of Banco do Brasil in Mato Grosso, Daniel Siqueira, advised producers with outstanding installments to look for a branch of the institution to evaluate the possibilities of renegotiation.

According to him, each situation will be analyzed individually. The bank may offer a solution through the provisional measure or other available renegotiation alternatives.

Across the country, Banco do Brasil reported that it had already contracted around R$17.5 billion through the provisional measure. The institution also plans to use the R$12.4 billion in equalized resources allocated to it.