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Brazil’s agribusiness production continues to recover

The Agribusiness Production Index (PIMAgro) calculated by the Center for Agribusiness Studies of the Getulio Vargas Foundation (FGV Agro) rose again in August, accumulated a high in the first eight months of 2022 and should end the year with a positive result and good chances of consolidating this recovery trend in 2023.

Compared to July, the indicator showed stability, but compared to August last year, there was an increase of 3.9%. In the year-to-date, for the second month in a row, the variation was also positive (0.7%), and for 2022 as a whole, the outlook is . . .

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