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Agribusiness Grows, Reducing Economic Slump, Should Power Economic Rebound

RIO DE JANEIRO, BRAZIL - Despite the crisis and the pandemic scenario, agribusiness has been showing positive results, helping to reduce the size of the Brazilian economy's downturn; additionally, it should power the rebound, once it starts, according to figures from the sector and experts heard by UOL news site.

It was the only economic sector that had a positive result in Q1 2020 GDP. While industry and services contracted, agriculture and livestock grew 1.9 percent compared to the previous three months. The land generated R$120 (US$24) billion in revenues and by the end of the year . . .

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