Expectations for farm sector in 2017 are, in general terms, favorable for Brazilian society, according to Geraldo Barros, scientific coordinator at Cepea (Center for Advanced Studies on Applied Economics) and Senior Professor at Esalq (“Luiz de Queiroz” College of Agriculture), USP (University of São Paulo). A significant increase in the volume produced is forecast. As for grains, for instance, after a 10% reduction in the previous crop, a 15% increase is predicted for 2017. According to Barros, severe weather events – which have been registered frequently – may not be disregarded, of course; however, excluding that, the scenario is favorable, with good supply for both the domestic market – keeping inflation under control – and exportations – providing resources to Brazil that will help to reduce the forecast deficit in the current account. Barros warns that producers must keep focused on certain factors that escape their control and can affect their profitability.
2017 PROSPECTS FOR THE FARM SECTOR ARE FAVORABLE TO THE BRAZILIAN SOCIETY
Por Nadia
13/01/2017 14h47 · Fonte: Cepea/Esalq
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