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.



  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Chico Mendes

Named after Marechal Rondon, a soldier who tamed the Amazon, Rondônia was created in ...

Gun Kills 42,000 Brazilians a Year, One Every 12 Minutes, 24/7

The number of gun-related deaths in Brazil was 42,416 in 2012, an equivalent to ...

Global Warming May Cost Brazil Up to US$ 2 Trillion a Year in 40 Years

Brazil will lose between US$ 417 billion (in an optimist scenario) and US$ 2 ...

Varig’s Eleven: 11 Bidders Interested in Bankrupt Brazilian Airline

Eleven companies have shown interest in acquiring the routes, planes and offices of Brazil’s ...

Exports Up 32% in Brazil

Brazil’s cumulative trade surplus so far this year stands at US$ 22.501 billion. This ...

Brazilian Indians Have no Voice on Matters Concerning Themselves

Fourteen indigenous lands in Brazil had their bounds officially confirmed on October 27, totaling ...

Brazil Looking Forward to Argentina Leader’s Visit

The president of Argentina, Néstor Kirchner, will arrive in Brazil on January 18 for ...

Maria Christina Mendes Caldeira

Brazilian Elections: Hell Hath No Fury Like a Brasileira Scorned

What to do when your divorce is dragged out in long court proceedings… For ...

Brazil’s Steel Production Falls 4%, But Export Revenues Grow 26%

The Brazilian ironworks industry should have 26.4% greater export revenues in 2005 than in ...

Market Anticipating Higher Inflation in Brazil

In Brazil, the expectations of the financial market regarding inflation are increasingly pessimistic and ...