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Agribusiness Expected to Grow in Brazil During 2017

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – After a disappointing year in the agribusiness sector, Brazil’s Statistics Bureau (IBGE) predicts a 14.2 percent increase in the Brazilian crop harvest in 2017 in comparison to 2016. The Bureau forecasts a total of 210.1 million tons of grains, vegetables and oil-seeds. According to the IBGE’s Systematic Agricultural Production Survey, the 2016 crop production should total 183.9 million tons, down by 12.3 percent from 2015.

This increase will be due to the higher production expected in all regions, with the Northeast leading the . . .

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