Despite 3% Fall Brazil Still Makes US$ 75 Billion in Agriculture

Banana plantation in Brazil Brazilian agricultural income from the 20 main crops in Brazil is going to total 156 billion reais (US$ 75.1 billion), according to estimates disclosed this Monday, May 11, by the Brazilian Ministry of Agriculture, Livestock and Supply. If confirmed, the figure will be 3.2% lower than last year's.

Despite the reduction, according to the ministry, the result will be the second highest since 1997, second only to the 2008 result. The forecast presented yesterday is higher than the one made in April. The ministry runs the survey on a monthly basis.

According to the Ministry, the income forecast for nine crops should grow in comparison with 2008: grape (218.5%), peanut (21.17%), rice (21.1%), cocoa (19.7%), cassava (14.3%), black pepper (7.2%), sugarcane (5.9%), potato (4.82%) and orange (4.66%).

Reductions are expected in income from corn (-26.4%), cottonseed (-22.8%), wheat (-19.3%), coffee (-14%), onion (-13.5%), tomato (-12.4%), bean (-8.9%), tobacco (-2.6%), banana (-2.1%) and soybean (-1.59%).

According to the ministry, drought, which occurred in November and December 2008 and in March and April 2009, had a negative impact on the output of the southern Brazilian states and of the state of Mato Grosso do Sul, in the Midwest.

The most seriously affected crops were soybean and corn. In the South, which comprises the states of Rio Grande do Sul, Santa Catarina and Paraná, an 11% decrease in grain production is expected in comparison with 2008.

Anba

Tags:

You May Also Like

Brazil Becomes a Leading Buyer of Consumer Products Companies Worldwide

Together with China and India, Brazil stood out in terms of acquisitions of companies ...

Despite Widespread Delays President Assures Brazil Will Be Ready on Time for World Cup

Dilma Rousseff, the president of Brazil, believes the world shouldn’t worry about Brazil’s readiness ...

The Greatest

  This article is in commemoration of Brazil’s 500th anniversary. (Brazil’s actual birthday date ...

From Rio With Lust The latest for-mature-audiences edition of Brazil Carnaval is out

It is so rare to see Portuguese-language poems translated into English and published in ...

Frequent trouble with air traffic in Brazil has caused delays and long lines

By Killing Probe on Air Traffic, Brazil Misses Chance to Show Public Spirit

Despite the surprises and resentments related to the Brazilian cabinet reform, the subject in  ...

How Much Will Brazil Grow in 2012? 2.5%, Says Central Bank, 1.81%, Say Other Banks

When compared to May, Brazil’s GDP rose 0.75% in June. This is growth as ...

A Chance to End Impunity

Indictment, Brazilians have learned, does not mean conviction, and as similar cases pile up, ...

Giuliani Comes to Rio for Another Assault on the Poor in the Name of Hygiene and Order

Well, it’s official. The city of Rio de Janeiro will probably hire Rudy Giuliani ...

Prosecutor and Police Try Last-Minute Maneuvers to Keep US Pilots in Brazil

Brazil’s Public Attorney Office and Federal Police are doing their best to prevent that ...

Brazil Sells a Quarter of a Million Light Vehicles in April, a Record

The auto market in Brazil has posted growth of 29.33% in sales of light ...