Gross Value of Production is estimated at R$ 1.109 trillion


Image: Pixabay

This year's Gross Value of Agricultural Production (VBP), which shows the evolution of crop and livestock performance, is estimated at R$ 1.109 trillion, 9.8% higher than last year's (R$ 1.099 trillion), based on updated calculations in July. Crops represent R$ 757 billion, 12.8% above the 2020 value, and livestock, R$ 352 billion, 4% higher compared to last year.

{module Form RD}

“Despite this year's climate problems, such as the lack of rain and frost, the VBP is a historical record over a period of 32 years”, analyzes José Garcia Gasques, coordinator of Policy Assessment and Information at the Ministry of Agriculture, Livestock and Supply.

Corn had its production loss compensated by product prices, which increased by 26.1% in real value. The products with the highest growth in VBP were rice, with a real growth of 4.7%; sugar cane 3.9%; corn 11.8%, soybeans 28.7%; wheat 41.8%; beef 7.3%, and chicken meat 7.5%. For this group of products, which represents 78% of the VBP, prices were decisive in obtaining these results.

Several crops were damaged by the climate effects, but the most affected was corn. According to IBGE, the drop in production was 11.6 million tons, and according to Conab, 16 million tons. These reductions combine the impacts of lack of rain and the occurrence of frosts mainly in the south of the country. Other crops, such as cotton and beans, were also affected by these events: beans had a reduction in productivity of 8%, and second-rate corn harvest, 25.7%.

A group of products has shown revenues below those obtained in 2020, such as cotton, peanuts, bananas, potatoes, cocoa, coffee, beans, oranges, cassava, tomatoes and grapes. In livestock farming, according to the research, products such as pigs, eggs and milk were related to a reduction in VBP. “We can associate this negative performance with lower prices, or smaller quantities, or even a combination of these two factors”, explains the research coordinator.

In production by states, the highlight goes to Bahia, which has a good performance in cotton and soybean production; Minas Gerais, in corn, soybeans, chicken meat and beef; Paraná with contributions in wheat and soybeans.

By: Eliza Maliszewski | agrolink

Facebook
twitter
LinkedIn

Aboissa supports

Stay up to date with news
and the best opportunities in
agribusiness – sign up now!

Asia

Saudi Arabia

Bangladesh

China

South Korea

United Arab Emirates

Philippines

Hong Kong

India

Indonesia

Iraq

Jordan

Lebanon

Malaysia

Oman

qatar

singapore

Türkiye

Vietnam

America

Argentina

Bolivia

Brazil

Canada

Chile

Colombia

Costa Rica

Cuba

Ecuador

U.S

Guatemala

british virgin islands

Mexico

Nicaragua

Panama

Paraguay

Peru

Dominican Republic

Suriname

Uruguay

Venezuela

Africa

South Africa

Angola

Algeria

Cameroon

Costa do Marfim

Egypt

Ghana

Mauricio Islands

Liberia

Morocco

Nigeria

Kenya

Senegal

Sierra Leone

Sudan

Togo

Tunisia

Europe

Albania

Germany

Belgium

Bulgaria

Cyprus

Spain

Estonia

Finland

France

England

Ireland

Italy

Lithuania

Poland

Portugal

Romania

Russia

Serbia

Sweden

Switzerland

Türkiye

Ukraine

Oceania

Australia

New Zealand

Request a quote!

Fill out the form and get support for your business needs.
Our experts are ready to offer customized solutions.

*We are currently not working with intermediaries.

By providing my data, I agree with the Privacy Policy.