Desempenho econômico e financeiro das empresas do setor agrícola no contexto da pandemia da Covid-19: um foco na variação cambial

Abstract

: The present research aimed to analyze the economic and financial performance of companies in the agricultural sector listed on the B3 Stock Exchange, during the period from 2018 to 2020, under the Covid 19 pandemic, with emphasis on investigations related to exchange rate variation and its effects on commodity prices. To this end, a literature search was conducted, and financial statement analysis indices were applied, covering liquidity and profitability. In the context of the examinations it was also sought to address the specific characteristics of the agricultural sector, as well as to identify the actions and strategies adopted by the companies in the face of the challenging and volatile market scenario. The study showed that most of the companies analyzed presented relevant changes in their economic and financial ratios throughout the analyzed period, maintaining positive results at the end of the period. These results confirm the atypical scenario of the economy in the context of the health crisis, and, above all, denote the importance and the particularities of the agricultural sector for the national economy. In the intended focus, it becomes evident that the favorable performance verified is strongly related to the exchange rate variation, with high international prices for commodities, predominant in the Brazilian exports picture.