Brasília – The Brazilian Ministry of Agriculture, Livestock and Supply has released this Tuesday (12th) the new estimate Gross Agriculture and Livestock Production Value (GPV), based on figures for July. The main crops and herds are expected to gross a combined R$ 442.2 billion (US$ 193.6 billion) in 2014, up 2.1% from 2013 and down 1.18% from the estimate based on June figures.
Crop revenues account for R$ 289 billion (US$ 126.5 billion), or 65.3% of the total sum, and livestock revenues are expected to be R$ 153.3 billion (US$ 67.1 billion), or 34.7% of the total amount. Crop GPV should be up 2.8% from 2013 and livestock GPV should be up 0.9%.
Regarding crops, the increase is mostly attributable to castor seeds (156.3%), cotton (61.9%), orange (26.8%), cocoa (25.5%), wheat (20.9%), black pepper (18.6%), potato (17.9%), banana (17.5%), coffee (12.7%) and apple (10.7%).
For livestock, the GPV for bovines was revised up 18.1% and the estimate for pork was up 7.6%. The estimates for eggs and poultry were down respectively 23.8% and 16.4%. The estimate for milk output remained nearly flat and was up only 0.3%.
*Translated by Gabriel Pomerancblum
