Ten-Year Projection for Brazil Agriculture
November 14, 2008| |
Brazilian agricultural and livestock production will grow 25 percent and the country's market share of world meat and poultry exports will double in the next ten years. This is the highlights of a study "Projections of Agribusiness 2008/2009 to 2018/2019" published by the Brazilian Ministry of Agriculture. Projections cover 18 agricultural commodities and agricultural trade.
The commodities with the most growth potential are soy, wheat, corn, meat and poultry, ethanol, soyoil and milk. Grain production is expected to increase from over 40 million metric tons in 2007/2008 to 180 mmt in 2018/19, or an increase of 29 percent. Government officials said that increased production could be achieved through technological gains.
Read more on the agricultural situation at http://www.fas.usda.gov/gainfiles/200811/146306371.pdf
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