Forecast gross crop of Brazil cafes for 2020 has increased by 25% from 2019
The estimated gross revenue from all Brazilian crops, with reference to average prices received by producers in January, is estimated for 2020 at $ 438 billion, reports the “Embrapa”.
In calculating this amount, it is established a ranking of five products, it finds that the first figure soybean, R $ 158.6 billion, which corresponds to 36% of the said value; corn, second, with R $ 72.7 billion (15.5%); followed by sugarcane with R $ 59.16 billion (13.5%); upland cotton with R $ 41.4 billion (9.5%) in fourth place; and finally, billing the Cafés do Brazil, fifth place in the ranking, with R $ 25.06 billion, a figure equivalent to 5.7% of all crops. Thus, the estimated revenue from the coffee crop for this year represents an increase of approximately 25% compared to 2019 revenues, which reached R $ 19.94 billion.
Via DATAGRO