The cost of production in the field rose in Rio Grande do Sul, especially impacted by the exchange rate and its effects on the price of fertilizers. The Production Costs Inflation Index (IICP), calculated by the State Agriculture Federation (Farsul), rose 1.22% in August.
On the other hand, the Price Index Received by the Rural Producers (IIPR) increased 5.86%, with soybean and rice growing together with the exchange rate variation.
In the accumulated index of the year, the two indexes calculated by the entity the IICP registers 6.79%, while in the last 12 months the result is 9.06%, reflecting the exchange rate that is 25% higher than in August 2017 that impact in input prices. The IIPR shows appreciation of 17.99% and 22.39%, respectively.
This text was translated by machine from Brazilian Portuguese.