News

Agricultural production value declines

12 de julho de 2016

São Paulo – The Gross Value of Agricultural Production (VBP) totaled BRL 514.4 billion (USD 156.77 billion) in June, 3% less than last year’s value, which stood at BRL 530.4 billion (USD 161.65 billion). Sugar cane, coffee, corn and soy crops accounted for 70% of the total, as measured by the Secretary of Agricultural Policy (SPA) linked to the Ministry of Agriculture, Livestock and Supply (Mapa).

Divided by region, the numbers show that in 2016 the South tops the VBP rankings with BRL 150.6 billion (USD 45.89 billion), followed by the Midwest with BRL 142.6 billion (USD 43.46), the Southeast with BRL 137 billion (USD 41.75 billion), the Northeast with BRL 45.1 billion (USD 13.74 billion) and, last, the North with BRL 29.8 billion (USD 9.08 billion). Mato Grosso, São Paulo, Paraná and Minas Gerais are the states that registered the highest production values this year.

The VBP presents gross revenues of agricultural establishments, which are measured based on agricultural and livestock production and the prices of the products in the market.

*Translated by Sérgio Kakitani