The soybean complex accounts for 6.3% of Brazil’s GDP

In 2023, the soybean complex is expected to account for 6.3% of Brazil’s Gross Domestic Product (GDP), generating an estimated R$691 billion (US$142 billion) this year. Roughly R$200 billion (US$ 41 billion) will be produced from raw grains. Approximately R$120 billion US($24.7 billion) comes from crushing and producing inputs, feeds, biodiesel, meal, and oil. The […]

Leave a Reply

Your email address will not be published. Required fields are marked *