The 16.2% drop in the price paid to Brazilian agricultural producers is greater than that of the FAO international index, according to USP research

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The decline observed in the index calculated by Esalq’s Cepea was driven by the livestock sectors and, especially, grains, with the devaluation of cotton, corn, soybeans and wheat. The observed decline of 16.2% in the index calculated by Esalq’s Cepea was driven by the livestock sectors and, especially, the grains sector, with the devaluation of cotton, corn, soybeans and wheat. TEM TV/Reproduction Prices paid to agricultural producers continue to fall in Brazil, according to calculations by the Center for Advanced Studies in Applied Economics (Cepea) at the USP campus in Piracicaba (SP). Driven by the grain and livestock sectors, the Agricultural Product Group Producer Price Index (IPPA), calculated by the institute, accumulated a significant nominal drop of 16.2% from January to September 2023, when compared to the same period of the year past. The decline in national food values, verified by Cepea of ​​the “Luiz de Queiroz” School of Agriculture (Esalq-USP), is more intense than that observed by the international food index by FAO, an agency of the United Nations (UN) for Food and Agriculture. Between January and September this year, international food prices, according to FAO, fell by 14.7%. Industrial indices (IPA-OG-DI industrial products) fell 4.8%. The exchange rate between the Real and the Dollar, however, fell by 2.5%, as highlighted by Cepea from Esalq-USP. According to Cepea researchers, the drop in the IPPA index from January to September this year is related to the “significant drop of 22.5% in the grain sector monitored by Cepea. Disclosure In the last quarter (from July to September 2023) Compared to the previous one (from April to June 2023), the scenario is the same: IPPA/Cepea showed a nominal drop of 4.4%, international food prices, 1.82%, and industrial prices, 1.76% The exchange rate fell 1.41% in the period. Grains and livestock According to Cepea researchers, the drop in the IPPA index from January to September this year is related to the “significant drop of 22.5% in the grains sector monitored by Cepea. “In general, the retraction observed in the Index formed by grains is due to the devaluations observed for cotton, corn, soybeans and wheat”, points out Cepea. Next, there are the declines observed in livestock farming, equivalent to 10%, followed by the sugar cane and coffee indices, with a decline of 9.9%. In the opposite direction, the Fruit and Vegetable sector, there was a nominal increase in the first nine months of 2023, of 9.2%. “The drops in the prices of beef, chicken and milk influenced the negative result of IPPA-Pecuária/Cepea, while it was the intense devaluations of coffee that resulted in the drop in IPPA-Cana and Café/Cepea”, he adds. Quarters In the comparison between quarters, the movements of the Indices were the same as those observed in the year, with drops for the IPPA-Grains/Cepea (by 1.1%), for the IPPA-Pecuária/Cepea (by 9.5%) and for IPPA-Sugarcane and Coffee/Cepea (5.8%), while IPPA-Hortifrutícolas/Cepea increased 3.7%. READ MORE Heat increases orange consumption and fruit prices react in the weakest period of the month Coffee, oranges and sugar cane are champions of production in the country, but they are not Brazilian; understand Index The Producer Price Index for Agricultural Product Groups (IPPA) is calculated by Cepea based on four groups of crops, sugar cane, grains, livestock, fruit and vegetables and coffee. Employees work on selecting oranges at a packing house in Limeira (SP) Fábio Tito/g1 VIDEOS: Everything about Piracicaba and the region See more news from the region on g1 Piracicaba

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