The funds should be made available through the Cooperative Development Program for Value Added Agricultural Production. The measure should guarantee more credit for the 2008/2009 crop.
Author: From the Newsroom
Brazilian chefs are participating, in Lyon, in "Concours Mondial de La Cuisine Bocuse D´or", considered the "World Cup" of chefs de cuisine and in confectionery show "Coupe du Monde de La Pâtisserie".
In times of financial crisis, the new president of the United States may intensify protectionism, thus reducing Brazilian expectations of improving the agribusiness environment with the United States.
Buyers from Saudi Arabia, Kuwait and Egypt are going to meet Brazilian companies next week. The expectation is to prospect US$ 4.8 million in business at the event in São Paulo.
Brazilian foreign sales of the product totalled US$ 114 million in 2008. The main markets were Angola, Paraguay, Argentina, Uruguay and the United States.
Exports from Brazil to the region totalled US$ 36.4 million in 2008. The increase countered a trend of decrease in total shipments. Another highlight was the performance in sales to Italy.
Brazil imported US$ 35.1 billion in chemical products in 2008, growth of 46.6% over 2007. Exports grew 11.3% and totalled US$ 11.9 billion.
Revenues from foreign sales in 2008 were 14% lower than in 2007. The industry expects trouble in 2009 because of the international crisis.
State-owned company produced an average of 2,175,896 oil barrels/day in the country in 2008. Added to extraction abroad, the volume rises to nearly 2.4 million barrels.
One of the main postcards of Brazil, Iguaçu National Park received 616,900 visitors in 2008, which represents growth of 2.7% when compared to 2007.
The sector grew 4% in Brazil in 2008, but ran a trade deficit of US$ 2 billion. Businessmen want to expand sales to new markets, such as the Arab countries and Africa.
The region was the leading market for the sector in 2008. Exports to Middle Eastern countries totalled 1.1 million tonnes, growth of 13% over 2007. Sales totalled US$ 1.9 billion, growth of 46%.
The estimate for the next world grain crop, disclosed yesterday by the United States Department of Agriculture, is of 2.24 billion tonnes. Brazil answers to 6.2% of that total.
The annual clearance sale lasts one month and involves a large share of the emirate’s retail sector, as well as hotels and airlines. Last year, consumers spent US$ 2.7 billion during the period.
