Loss of income increases production and use of lower cost food in Brazil

The article highlights the 2020 data released by the Brazilian Institute of Geography and Statistics (IBGE), revealing a significant growth in Brazil's agricultural and livestock sectors. Despite a slight increase in the planted area, grain production saw a 5% rise, reaching 255.4 million. The value of agricultural production surged by 30.4% to R$471 billion, attributed to high product prices and demand.

The protein chain experienced substantial growth, especially in egg production, which increased by 3.5%. There was a noticeable rise in the production and consumption of beans, with its value increasing by 44% to R$10.8 billion. The livestock sector also saw positive growth, with increases in the number of cattle, chickens, and pigs, and a record milk production of 35.4 billion liters. The article also emphasizes the economic growth of municipalities in Paraná, Brazil, in sectors like milk, pig farming, and fish farming, indicating a diverse and expanding agribusiness sector in the state.