Gross Value of Agricultural Production in 2019 rises to R$606,2 billion

The Gross Value of Agricultural Production (VBP) should reach R$606,2 billion this year, based on September data. The projection indicates an increase of 1,7% compared to the value reached in 2018, which was R$596,1 billion.

According to the projection, "crops represented a gross revenue of R$398 billion and livestock, R$208 billion. Livestock had a real growth of 6,4% compared to 2018, and crops had a decline of -0,6% ".

According to the Agricultural Policy Secretariat, the sectors that show a real increase in VBP are: cotton (+18,2%), banana (+19,5%), potatoes (+107,4%), beans ( +58,8%), castor beans (+37,9%), corn (+23,5%) and tomatoes (+13,2%). "Others such as peanuts, oranges and wheat have also been showing growth in the value of production", says the note from the secretariat.

Other groups showed a decline in revenue in this year's projections: rice (-5,5%), coffee (-27,2%), sugar cane (-9,3%), cassava (-13,2%), soybeans (-12,1%) and grapes (-6,1%). "These have exerted double pressure on the VBP, as both its prices and quantities have declined this year."

Livestock performance has been favorable this year. "With the exception of milk, which presents a reduction in value compared to that obtained in 2018, the others present a favorable performance. The highlights are the increases in the VBP of pigs, 9,5%, chicken, 12,8% and eggs, 21,4, XNUMX%. We observed that beef also presents a higher position this year than last year".

Regarding data by region, the Central-West leads with an estimated VBP of R$177,79 billion. Next come the Southeast (R$145,4 billion), South (R$141,7 billion), Northeast (R$56,9 billion) and North (R$36,9 billion).

What is VBP

O VBP shows the evolution of crop and livestock performance throughout the year and corresponds to gross revenue within the establishment. Calculated based on the production of agricultural crops and livestock, and the prices received by producers in the country's main markets, of the 26 largest agricultural products in Brazil. The real value of production, discounted for inflation, is obtained by the General Price Index - Internal Availability (IGP-DI) of Fundação Getúlio Vargas. The periodicity is monthly with updates and publication until the 15th of each month. 

- Read note from VBP September