São Paulo – Brazilian agribusiness should post R$ 416.98 billion in revenues this year, according to a preliminary survey released by the Ministry of Agriculture, Livestock and Supply. The amount is up 9.6% from 2012, and concerns revenues from the main crops and animal husbandry businesses in Brazil.
The combined crop production value should be R$ 276.44 billion (US$ 191) billion, up 9%. “Most of the crops are performing well this year, due to either better prices or higher outputs than in 2012,” said the Strategic Planning Coordinator at the Ministry, José Garcia Gasques.
Livestock revenues should amount to R$ 140.57 billion (US$ 64.4 billion), up 10.8 % from last year. Poultry revenues are expected to increase the most, by 23.3%. Bovine revenues should grow the least, by 1.9%.
*Translated by Gabriel Pomerancblum
