Agriculture has always been a massive contributor to the Brazilian economy, a dependent relationship that became even stronger since the economic recession. In 2019, however, the industry appears to have slowed down, highlighting the sluggish scenario of the overall Brazilian economy. But, according to researchers from the Institute for Applied Economic Research (Ipea) this scenario is more of a phase than any structural change.
Per IBGE data, agricultural GDP fell 0.1 percent in Q1 2019, breaking a streak of three consecutive quarters of growth. Alongside the steep 1.1 percent fall in industry as a whole, it helped slow overall growth to a mere 0.5 percent for...
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