Brazilian agribusiness has had a significant increase in the past few years. For example, the grain production in Brazil increased from 96 to 160 million tons in the last 10 years. During the same period the planted area increased only by 25%, reaching approximately 50 million hectares.
The technology used in agribusiness resulted in an important growth in volume rather than just in area. The combination of better cultivars, agricultural input and crop management practices increased the yield in several crops in Brazil.In 2012 the agricultural sector and agribusiness represented approximately 23% of the Brazilian GDP (Gross Domestic Product), and created an expressive number of new jobs, contributing for the country’s economy.
The several different segments that form the agribusiness sector in Brazil remain in a top position in exportation. This solid growth of Brazilian agriculture created a large demand for agricultural supplies such as: fertilizers & plant nutrition products, agrochemicals, seeds, packaging materials, farmers’ equipment, etc.
The seed segment, in particular, had a very significant growth in the country. The Brazilian seed production increased from 1.6 million tons in 2001/02 crop season to almost 3 million tons of seeds in 2010/11. For the next crop season, 2011/12, the estimated increase is another 5%. In addition hybrids have been used instead of open pollinated varieties.
For more information: http://www.seedbuzz.com/knowledge-center/article/brazil-a-leading-agribusiness-player
No comments:
Post a Comment