Livestock: Brazilian production should grow 10% in 2020

Published 2020년 9월 18일

Tridge summary

Brazil's livestock sector is expected to see a 10.1% increase in its Gross Production Value (VBP) in 2020, reaching R $ 771.4 billion, as reported by the Ministry of Agriculture, Livestock and Supply (Mapa). This growth is primarily driven by the production of soybeans, corn, beef, pork, and eggs, as well as higher domestic prices and increased meat and grain exports, particularly to China. The sector's success is attributed to its competitiveness, size, proprietary technology, climate, land, and input costs. Despite the challenges of the new coronavirus pandemic, the sector is expanding its foreign markets. The Brazilian Association of Meat Exporting Industries (Abiec) highlights the significant role of cattle farming in Brazil's economy, with a notable increase in meat export revenue in the first half of 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

There will be plenty of reasons to celebrate Livestock Day on October 14th. According to data from the Ministry of Agriculture, Livestock and Supply (Mapa), the sector in 2020 should have a Gross Production Value (VBP) of R $ 771.4 billion, 10.1% higher than in 2019 and the highest already obtained in the historical series, which started in 1989. Of these figures, R $ 252.3 billion come from livestock. Still according to the Map, some products are getting results never seen before, such as soybeans, corn, beef, pork and eggs. Domestic prices, higher than in 2019, and meat and grain exports, mainly to China, boosted this favorable performance. For zootechnician Celso da Costa Carrer, president of the Zootechnics and Education Commission of the Regional Council of Veterinary Medicine of the State of São Paulo (CRMV-SP), there are a number of factors that influence the good results expected for 2020. According to him, the Brazilian competitiveness is one of them, because the size of ...

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