Brazil’s big agro revenue to stall in 2019

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 28.5-percent price hike for the fruit on the...