The Gross Value of Agricultural Production (VBP) of 2020, according to data updated in May, is estimated at R $ 703.8 billion, 8.5% above that obtained in 2019 (R $ 648.4 billion). The value is a record since the historical series began, in 1989. Crops increased by 11%, with R $ 469.8 billion, and livestock grew by R $ 234 billion, an increase of 3.9% from last year . According to the June Bulletin of Conab, the rise of the Dollar in relation to the Real placed domestic prices at high levels. “The record harvest of grains estimated at 250.5 million tons, agricultural prices and the favorable performance of some crops, such as coffee and sugar cane, were decisive in the values obtained from the VBP”, analyzes José Garcia Gasques , general coordinator of Policy and Information Evaluation of the Secretariat of Agricultural Policy of the Ministry of Agriculture, Livestock and Supply. The prices of corn (19.7%), soy (11.8%) and arabica coffee (20.4%) show strong increases in relation to last year. Also according to Conab, accumulated soybean exports, from January to May, reached 48 million tons, a record for the period. The international market has also reflected in livestock, whose prices for beef and pork have increased compared to last year. Other products, such as orange, rice, beans, tomatoes and wheat, experience price increases in this period, but the source of these increases is linked to the domestic market. Three products (coffee, corn and soy) represent 57.8% of the VBP of the crops.
Source: DATAGRO