Brazil Anticipates a 7% Increase in Agricultural Production
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Rio De Janeiro, Dec 12 (NationPress) Brazil, a prominent player in the global food market, forecasts that its production of cereals, legumes, and oilseeds will grow by 7%, reaching 314.8 million tonnes by 2025, as reported by the state-owned Brazilian Institute of Geography and Statistics (IBGE).
This year's yield is anticipated to be 294.3 million tonnes, reflecting a decrease of 6.7% compared to last year, according to the agency.
For the 2024 harvest year, approximately 79.1 million hectares of land have been cultivated, while the cultivated area for 2025 may see a slight increase of 0.8%, totaling 79.8 million hectares.
A recent report indicated that 8.7 million people in Brazil were lifted out of poverty in 2023, reducing the poverty rate from 31.6% in 2022 to 27.4%, marking the lowest rate since 2012.
Extreme poverty, defined as living on less than 2.15 US dollars per day, declined from 5.9% to 4.4% during the same timeframe, according to the report from IBGE.
The Gini index, a significant indicator of income inequality, remained stable at 0.518 in 2023, consistent with the previous year. However, IBGE noted that without government social program support, the Gini index would have risen from 0.518 to 0.555.
Furthermore, the IBGE disclosed that in 2023, 24.5% of the urban population and 51% of the rural population resided in households benefiting from social programs, with 42.7% of children and adolescents aged 0 to 14 receiving assistance from these programs.
Additionally, the number of young individuals aged 15 to 29 who were neither employed nor in education fell to its lowest level since 2012, totaling 10.3 million or 21.2%. Among this demographic, 45.2% were black or mixed-race women.
The report highlighted that employment significantly influenced poverty levels in 2023. While 14.2% of employed individuals were classified as poor, less than 1% fell into the extremely poor category. In contrast, 14.6% of the unemployed were poor, and 54.9% were extremely poor.
"These statistics reveal that poverty persists even among those with jobs, likely due to the social vulnerability of specific labor market segments. However, both poverty and extreme poverty are less pronounced among the employed compared to the unemployed," stated the IBGE.
