According to a study released in October by an agency of the United States Department of Agriculture (USDA) – the Economic Research Service, Brazil has led the world’s agricultural productivity in a rank of 187 countries since 2000. Brazilian agricultural production grew by 3.75% considering the period from 1961 to 2019, only behind China, whose production reached 4.41%. Brazilian production includes 162 crops, 30 varieties of animal and insect products, and eight aquaculture products. Inputs are land, labor, capital and materials. When the analysis interval is made from 2000 to 2019, Brazilian agricultural productivity increased by 3.18% per year, the highest rate among the countries. There are several reasons to explain why Brazil has reached such a level. According to José Gasques, General Coordinator for Policy Assessment and Information, at the Ministry of Agriculture’s Secretariat for Agricultural Policy (SPA), in recent years, Brazil has made several improvements in the financing system, pricing policy, cutting subsidies, rural insurance, and other measures that impacted agricultural productivity.
Source: Agrolink (*Translated by Ia Niani)