The Brazilian government estimates that the Gross Production Value (GPV) of the agricultural sector will reach R$ 1.31 trillion in the 2024/25 season, representing a 7.6% increase compared to the previous cycle.
This figure is part of the first estimate for the new season, released on Thursday, November 21, by the Ministry of Agriculture.
Breakdown of GPV
- Crops: R$ 874.80 billion (67.7% of the total)
- Livestock: R$ 435.05 billion (32.6% of the total)
Comparison with the 2023/24 Harvest
- Crops: +6.7% in GPV
- Livestock: +9.5% in GPV
Highlights in Crop Performance
- Orange: Largest growth in GPV, rising 23.7% to R$ 35.66 billion.
- Soybean: Second-highest contribution, growing 16.5% to R$ 339.25 billion.
- Coffee: Increased 16.1% to R$ 83.92 billion.
The Ministry noted that the orange and coffee sectors benefitted primarily from price increases, while soybean growth was driven by higher production levels.
Livestock Sector Overview
- Pork: Leading the growth in livestock, with GPV rising 19.5% to R$ 62.74 billion.
- Cattle: GPV expected at R$ 180.48 billion, a growth of 18.8%.
- Dairy: Moderate growth of 4.9%, totaling R$ 4.9 billion.
For all livestock categories, the Ministry highlighted price improvements as the main factor behind the positive results.
