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Investor Presentaiton

One other municipality analyzed is of Currais, which was extracted from the municipality of Bom Jesus in 1997, that also had an increase in the area of soya beans from 11.350 ha to 15.818 ha in 2010, as can be seen in table Table 3. Area production of soya been and rice in the municipality of Currais (PI) Currais, PI - Produção e Área Colhida de Soja e Arroz 2000 2005 2010 Área colhida (ha) 780 6.332 1.755 Arroz Produção (ton) 1.328 12.902 966 Produção (mil reais) 318,72 3.252,30 287,78 Área colhida (ha) Soja Produção (ton) Produção (mil reais) 11.345 8.169,50 28.809 15.818 9.324,02 42.328 Fonte: IPEA/Data This production of soya beans that made the value of land increase very intensively after the year of 2005 as can be observed at table and that is the main reason for the land grabbing that is occurring in this region. As pointed out before this region as had no commercial agriculture had very low land prices and with the entrance of soya as a rentable culture increased land prices very sharply. Table 4- LAND PRICES IN PIAUI R$ current Uruçuí - Região iFNP 110 (Currais) Caatinga (Bom Jesus) 2002 2005 2009 2010 2012 2013 2013/2002 50 53 108 125 242 348 695% Cerrado agrícola (Bom Jesus) 201 563 1.867 1.900 2.150 2.250 1119% Cerrado agrícola (Uruçuí) 299 563 1.867 2.000 2.300 2.933 981% Pastagem formada na caatinga (Bom Jesus) 200 227 458 467 601 898 449% Terra agrícola de alta produtividade (Bom Jesus) 941 1.619 4.050 3.833 4.033 6.633 705% Terra agrícola de alta produtividade (Uruçuí) 1.272 2.111 4.542 4.375 4.983 8.500 668% Terra agrícola de baixa produtividade (Bom Jesus) 548 1.056 2.050 1.767 2.217 4.083 745% Terra agrícola de baixa produtividade (Uruçuí) 870 1.337 1.983 2.017 2.917 5.400 621%
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