Brazilian Gross Production grows 11.5%

The Gross Production Value (GVP), which measures the revenues from agricultural activities, should reach R$746.2 billion ($143 bn) in 2020, 11.5% more than in 2019, according to the Brazilian Confederation of Agriculture and Livestock (CNA). For agriculture, CNA projects an increase of 16.2% in 2020 compared to last year, with gross revenues of R$478.2 billion ($91 bn).

Source: Portal do Agronegocio