Agricultural entrepreneurs are responsible for 25% of Brazil’s agribusiness

Agribusiness is responsible for 21.1% of Brazil’s GDP, that is, more than a fifth of everything generated in the country comes from agriculture. And of this total, around 25% comes from family agriculture, that is, 5% of the Brazilian GDP comes from the properties of small rural entrepreneurs. These were some of the figures released by the National Secretary of Family Agriculture and Cooperativism.

Source: Portal do Agronegocio

Minas Gerais exceeds 1 GW in distributed generation

Minas Gerais became the first Brazilian state to surpass the mark of 1 GW of installed power in distributed generation. There are 84,248 micro and micro-generation plants installed in the state, which benefit more than 120,929 consumer units. Minas Gerais concentrates one fifth of the national installed power in this modality, which totals 5.4 GW. The solar source is, by far, the most used in the state and in Brazil, corresponding to 96% of the systems, followed by the use of the hydro potential (2%) and biomass or biogas plants (2%).

Source: Energia Hoje

Demand for credit rises 2% in March

After falling in February, the search for financing in the country in March indicates recovery. The INDC (Neurotech Index of Demand for Credit) grew 2% in the third month of this year compared to a drop of 9% previously. Furthermore, in the year-on-year comparison, it registered a high of 38%, surpassing the mark seen in the same period completed in February, when it advanced 21%.

Source: UOL Economia

Brazilian middle class ‘shrinks’ in pandemic

The coronavirus pandemic has not only increased the number of Brazilians living in extreme poverty but has also reduced the middle class to its lowest level in more than 10 years in relation to the total population. the percentage of the Brazilian population belonging to the so-called traditional middle class fell from 51% in 2020 to 47% in 2021 – the same ‘size’ as the lower class. The highest mark, according to Locomotiva, was registered in 2011, when the middle class was 54% of the Brazilian population.

Source: G1 Economia

Minerva plans to zero carbon emissions by 2035

Minerva Foods, South America’s largest beef exporter, announced Thursday that it intends to zero net carbon emissions by 2035 thanks to initiatives that should require investments of R$1.5 billion ($264 mm). The goal is more ambitious than the one announced three weeks ago by JBS, which wants to zero net emissions by 2040, and also of Marfrig, which aims the same by 2050.

Source: Valor International