Gross Production Value drops 4.6% and reaches R$1.4 trillion in May
The VBP (Gross Value of Agricultural Production) in May totaled R$ 1.4 trillion, a decrease of 4.6% compared to the value for the same period in 2025. The data are from the Mapa Agricultural Policy Secretariat (Ministry of Agriculture and Livestock).
The index was driven by agricultural production, which totaled R$908.8 billion and corresponded to 64% of the total. Livestock production fell by 2.2% and closed the month with R$510.2 billion (36%).
According to Mapa, the 4.6% decline was driven by the drop in the price of important commodities, such as cocoa, oranges and rice. Adjusting expectations from other cultures also influenced the result.
In May, the crops that performed best were: potatoes (22.3%), beans (12.6%), cassava (8.1%), tomatoes (5.6%) and bananas (3.0%).
On the other hand, cocoa (-56.8%), orange (-38.0%), rice (-30.0%), castor beans (-20.1%), wheat (-18.2%), peanuts (-14.8%), grapes (-11.4%) and cotton (-10.2%) helped to reduce the VBP.
Compared to May 2025, crop production fell 5.9%.
Livestock
Livestock production also fell. Compared to May 2025, the VBP fell 2.2%.
Despite the negative performance in general, cattle farming grew 8.9%, totaling R$248.7 billion. However, pigs (-20.3%), chicken (-10.4%), eggs (-7.9%) and milk (-4.8%) had significant drops and led to the drop in the index.
Highlights of the month
Soy continues to be the most economically relevant product, with an estimated value of R$338.5 billion in May. Corn (R$ 162.2 billion), sugar cane (R$ 110.8 billion), coffee (R$ 109.6 billion) and cotton (R$ 33.2 billion) also performed well in the month.
Together, these five products represented 53.2% of the VBP.
In livestock farming, cattle farming leads with R$ 248.7 billion, 17.5% of the estimated value for the country in the month.
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Poultry farming (chicken), with R$ 106.7 billion; milk, with R$73.6 billion; pig farming, with R$53 billion; Egg production, with R$28.2 billion, also stood out in May.
In relation to the regional scenario, Mato Grosso leads in terms of gross values calculated, with R$213.5 billion, corresponding to 15% of the total. Next come Minas Gerais, with R$171.6 billion (12.1%), and São Paulo, with R$159.6 billion (11.2%).
What is VBP
VBP is calculated monthly by the Mapa Agricultural Policy Secretariat based on production estimates and variations in market prices received by rural producers. The indicator represents gross revenue within rural establishments. The 2026 values are preliminary and consider information available until May 2026.
Source: CNN