Gross value of Brazilian agriculture should be $148 bn

The Gross Value of Agricultural Production (GVP) in 2020 is expected to be R$771.4 ($148 bn), 10% higher than last year, according to the Ministry of Agriculture. Based on the sector’s performance in August, crops resulted in R$519 billion ($99 mm), equivalent to 67.3% of GVP, and livestock, at R$252.3 billion ($48 mm), or 32.7% of GVP.

Source: Agencia Estado

Categories: Industry