Value of Agricultural Production in 2019 is expected to grow 1.9%

Despite the preliminary data on the next harvest, available data point to the Gross Value of Production (VBP) of R $ 584.6 billion for the main crops and livestock, according to the Ministry of Agriculture, Livestock and Supply (MPLS). This amount is 1.9% higher in real terms than in 2018, which is expected to close the year of R $ 573.87 billion. Soybeans and sugarcane continue to lead the list of products analyzed in the monitoring of the period in force.

This year, between January and November, the crops showed a decline of 1.9% in the VBP compared to last year. There should still be some changes, but the crop is almost closed, says the General Coordinator of Studies and Analysis of the Secretariat of Agricultural Policy of the MPLS, José Garcia Gasques. The information closed this year will be known next January.

A relatively small group of products supported the VBP of the current period. This was the case of cotton, with a 47% increase in VBP, cocoa (34.9%), coffee (10.2%), soybean (12.5%) and wheat (73%). This group benefited from higher year prices and also by extraordinary increase in production, says Gasques.

The leading products are soybeans, sugarcane, corn, herbaceous cotton and coffee, which have generated 80% of the value of crops. In this group, soybeans stand out with the highest value generated, of R $ 143.5 billion in 2018.

Another relatively large group performed poorly. “And this should, in general, fall in production and at lower prices,” explains the coordinator. “As you know, productivity and prices have a strong influence on the value of production. And for that reason, this product group performed poorly. “

They stand out in the group peanuts, rice, banana, coffee (arabica and conilon), sugar cane, beans, manioc, orange and grape. All of these had lower BPV than last year. Livestock products, as in previous reports, have presented negative results of VBP, especially pork and eggs, with the largest reductions.

Among the states surveyed, the leadership of VBP is from Mato Grosso, followed by São Paulo, Paraná, Minas Gerais and Rio Grande do Sul, which produced 59.7% of the total value of agriculture.

This text was translated by machine from Brazilian Portuguese.