Grains, livestock and sugarcane boost Brazil’s agribusiness producer price index in March

The IPPA/Cepea (Producer Price Index of Agricultural Product Groups) rose 2.5% in nominal terms from February to March.

RIO DE JANEIRO, BRAZIL - According to Cepea researchers (Center for Advanced Studies in Applied Economics, University of São Paulo), this movement was linked to the positive variations observed for the IPPA-Grains, of 3.8%, for the IPPA-Livestock, 1%, and the IPPA-Cane-Coffee, of 3.8%.

The IPPA-garden fruits and vegetables, on the other hand, fell 6%. The performance of the grains index is due to the increase in the values of corn, cotton, wheat, and soybeans - paddy rice was the only one to depreciate in the month.

In the case of livestock, the result of . . .

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