The Gross Value of Agricultural Production (VBP) this year is expected to reach R$ 1.076 billion, up 12.1% from 2020, according to the Ministry of Agriculture. Crops remain leading statistics, with sales reaching R$ 741.2 billion (+16%), while livestock sales amount to R$ 335.1 billion (+4.4%). The coordinator of research of the Ministry of Agriculture, José Garcia Gasques, said on a note that the lack of rainy days during the growing period of corn, soybeans and beans has affected these crops in some way, even though the production has increased. “The record production result in 2021 remains the same” he said. According to the note, the VBO of cotton is expected to grow by 3.7%, rice (+4.8%), banana (+2.4%); cocoa (+8.3%); sugarcane (+1.3%); corn (+22.7%), soybeans (+31.3%) and wheat (+25.4%). In livestock, the best results are from the beef sector, with an expected growth of 10.3%, and chicken meat (+ 2.2%).
Source: Revista Dinheiro Rural (*Translated by Ia Niani)