São Paulo – The Brazilian Gross Production Value (GPV) might reach US$ 199.8 billion (or R$ 448.9 billion) this year, according to the latest estimate presented by the Brazilian Ministry of Agriculture, Livestock and Supply (Mapa, in the Portuguese acronym) this Wednesday (18th). The total is 0.35% lower than the prospect presented in May by the Mapa, which was US$ 200.5 billion (or R$ 450.5 billion).
The GPV is an estimate of the income based on the crops forecast and price paid to producers. The figures released this Tuesday are 3.9% higher than what was effectively posted last year.
Main contributions to the expected performance come from cotton, banana, potato, cocoa, coffee, orange, black pepper, soy and wheat, according to the ministry.
In absolute terms, cotton, coffee, cane, maize and soy account for 74% of the GPV. Maize and soy combined account for 46%.
Regarding livestock, beef production may be up 17. 3% from 2013, and pork may be up 8.3%. These are the segments with the best results in the industry, since poultry, dairy and eggs output are expected to decline.
*Translated by Rodrigo Mendonça and Gabriel Pomerancblum
