Brazil Loses US$ 4.29 Billion From Crops Ruined by Drought

Brazilian farmers are expected to suffer losses amounting to US$ 4.29 billion (10 billion reais) in the 2004/2005 crop year, which includes this year’s summer and winter harvests.

This estimate was presented Wednesday, September 8, by the federal government’s National Supply Company (Conab). The final figure will be released when the Conab has calculated the final results of this year winter harvest.


According to Conab president, Jacinto Ferreira, the chief cause of crop loss was the drought that mostly affected the states of Rio Grande do Sul, Paraná, São Paulo, and Mato Grosso do Sul. The drought caused the loss of 18.4 million tons of grains, a 14% drop in comparison with the previous crop year.


“If we compare this with the prognosis in December, 2004, we will have a substantial reduction, caused mainly by the climatic factor,” Ferreira observes.


In his view, the decline in production should not lead to shortages this year, thanks to the current level of stocks.


The study was conducted by 40 members of the technical staff in the last week of August (21 to 27). They visited 330 municipalities in 11 states, where they interviewed 970 representatives of agricultural associations and governmental and private agencies.


Agência Brasil

Tags:

You May Also Like

Foreign Investors in Brazil’s Stock Market Triple

The Brazilian Institute of Geography and Statistics (IBGE) reports that this year there has ...

Rio Deal

I was pretty sure that within a few seconds of stepping off the bus ...

Brazil Wants to Improve Female Participation in Elections. Now It’s 142nd in the World

Brazil’s October general elections are expected to have the biggest participation of women in ...

Central Bank Lowers Brazil’s 2005 GDP Estimate from 3.4% to 2.6%

Brazil’s Central Bank (BC) lowered its estimate for this year’s growth in the Gross ...

Pride and Prejudice

From the late 1950s on, bossa nova’s success didn’t spread out by chance or ...

Advertising

Advertising in Brazzil Magazine We don’t sell popups, but we have several other formats.  ...

Brazil’s HDI Marginally Up, with 11.6% of Illiteracy and 70.5 For Life Expectancy

Brazil’s Human Development Index (HDI) improved between 2002 and 2003, rising from 0.79 to ...

Brazilian Kids Say Bye to Coke and Hi to Goat’s Milk

More than 60 thousand children and youngsters in 348 public schools in 26 municipalities ...

Brother of US Nun Slain in Brazil Tries Again to Take Case to Federal Court

David Stang, the brother of the American nun, Dorothy Stang, who was murdered in ...

Brazilian Embraer Sells 50 Jets to Texan Taxi Service

The Brazilian aircraft manufacturer Embraer announced today, September 5, the sales of 50 executive ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`