Business

Brazil’s big agro revenue to stall in 2019

Brazil's big agro revenue to stall in 2019
Soybean harvest in Dourados, Mato Grosso do Sul. Photo: Ilton Rogerio de Souza/Shutterstock

According to projections, Brazil’s big agro will experience a nominal growth in revenue of only 1.5 percent compared to last year, bringing in a total of BRL 393.8 billion (USD 102 billion). This performance will largely be sustained by increased revenue of the following crops:

  • Corn. Producers are expected to raise roughly BRL 60 billion. In recent months, prices have gone up despite a harvest projected to be 10 percent larger.
  • Orange. Forecast revenue is at BRL 32.8 billion, a 21-percent jump from last year. While Brazil remains the world’s largest orange exporter, that performance is mainly due to a...
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