Brazilian Farmers’ Losses Rise to US$ 13.2 Billion

The losses suffered by Brazilian farmers and ranchers in the last two harvests amount to US$ 13.2 billion. This figure comes from Brazil’s Minister of Agriculture, Roberto Rodrigues.

According to Rodrigues, the government is concerned about the agricultural crisis, since the damage ends up causing repercussions in other sectors of the economy.

In an interview Tuesday, May 30, the minister pointed out that agriculture has been "the major anchor in fighting inflation in the country" for the past 12 years. He commented that the government must adopt measures to minimize the extent of the damage and allow producers to remain in activity.

The minister emphasized that agribusiness earns US$ 239 billion per year, which corresponds to around 27% of the Brazilian Gross Domestic Product (GDP). According to Rodrigues, agribusiness also accounts for 37% of the jobs in the country and nearly 40% of Brazil’s exports.

In his view, it is essential for the government to negotiate with organizations that represent the agricultural sector in order to devise structural measures that can make Brazilian producers more and more competitive.

Agência Brasil

Tags:

  • Show Comments (1)

  • Guest

    Brauilian farmers….
    …dont EARN $ 239 billions !

    They PRODUCE !

    Quite a difference. This is like you would take in account all the sales of a company and say that this is their earnings !

    Revenue is not the earnings.

    But in Brazil…one never knows !

    Strange definitions and curious accounting…..!

Your email address will not be published.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.

Ads

You May Also Like

Lula Has Buried Brazil’s Last Hopes

If not maddened by it, whoever bothered to review the statements, interviews, debates, and ...

Foreign Investment in Brazil and LatAm Might Drop Almost by Half

The Economic Commission for Latin America and the Caribbean (Eclac) has informed that the ...

Brazil Calls Men Plotting a Terror Attack During the Olympics Complete Amateurs

Brazil’s Federal Police (PF) have announced that the ten people arrested as part of ...

Brazil Plans to Maintain Oil Self-Sufficiency in Decades to Come

When he turned the faucets to start the oil flowing on Platform P-50, last ...

On Its Way to a Glorious Destiny Brazil Has to Deal with Lack of Savings and Obesity

Brazilian success is being vastly praised inside and outside the country and there are ...

The Year We Were So Happy

Brazilians have been hit by a serious nostalgia affliction since the recent release of ...

With 400 Feared Killed by Rains, Rio’s Governor Blames All of Society for Tragedy

With rescuers racing against time amid fading hopes of finding survivors of a huge ...

IMF: ‘High Primary Surpluses Still Crucial to Brazil’

International Monetary Fund (IMF) Managing Director Rodrigo de Rato made the following statement today ...

Brazil Hosts International Encounter on the Millennium Goals

Ministers, congressmen and representatives of civil society from 16 Latin American and Caribbean countries ...

Birth Defect Allows Abortion in Brazil

Brazil’s Supreme Court has authorized abortion when a fetus has no brain. Abortions in ...