Update of the Product Quantity Field in CPR Trades

Mandatory

Greater accuracy to traded quantities

In seeking to improve the quality of data and adherence to best market practices, B3 has updated the "Product Quantity" field in Rural Product Note (CPR) transactions.

The field now considers two decimal places and maintains the same physical size, but with a new interpretation: what was previously treated as 10 integer digits is now read as 8 integer digits + 2 decimal places.

This change applies to both API integration and to screen and input/output files related to CPR. In practice, it allows for a more accurate representation of the quantities traded, especially in transactions requiring greater granularity.

Project Tags:

OTC

Completed

Credit

Product benefits

Accuracy

Accurate representation of quantities with decimal places.

Safety

Greater regulatory safety and fewer manual adjustments and reconciliations.

Efficiency

Better adherence to barter trades.

Reduced operational risks

Reduction of discrepancies and errors resulting from incorrect data interpretation.

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With the change, transactions will now accurately reflect the traded prices, ensuring greater data accuracy throughout the entire process – from integration to settlement.

In practice, the field that was previously interpreted as 10 integer digits will now be read as 8 whole digits + 2 decimal places. Below is an example:

Financial CPR - Product: Soybean

Status	Quantity entered	System interpretation	Result
Before the update	0000001000	10 integer digits	1,000 bags
After the update	0000001000	8 integer digits + 2 decimal place	1,000.00 bags

The main instrument for financing the Brazilian agribusiness supply chain, CPR is a bond representing a promise of future delivery of agricultural products and can be issued by rural producers or their associations, including cooperatives. Learn more.