IMPACTS OF SARS-COV-2 ON BRAZILIAN AGRIBUSINESS

02 May 2020, Version 2
This content is an early or alternative research output and has not been peer-reviewed by Cambridge University Press at the time of posting.

Abstract

The pandemic caused by the Covid-19 has impacted several sectors of the world's economy including agribusiness. In Brazil, the quarantine decreed by political leaders in order to contain the spread of Covid-19 mainly affected the productive sectors of the medium and small producer, which ended up reflecting directly on the price of food of the final consumer. Sectors such as transportation, distribution and agro-industry should also present a deficit because they are productive activities with agglomerations of people who have had their work regimes changed. However, the extensive production sector benefited from the rising dollar and increased demand for food and exports from China, and this demand may extend in the medium and long term. There is a great possibility that agribusiness will be the sector with the largest surplus in the Brazilian economy in the coming years and be responsible for balancing the trade balance in the post-recession period.

Keywords

Covid-19
coronavirus
globalization
agriculture
pandemic
food security

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