São Paulo – Brazil’s Agriculture minister Blairo Maggi announced this Monday (23) the creation of the “Brasil Agro: Food for Nature” label, at the Global Agribusiness Forum (GAF), which is set to end on Tuesday (24) in São Paulo. According to the Forum’s website, the label is intended as a certificate of sustainability for Brazilian agricultural products sold internationally.
The first items bearing the label are expected to hit the market in October. A bar code will provide buyers with information on product sources and traceability.
The minister also said Brazil’s grain output will be up 30% in the next ten years. The 2027/2028 crop could reach 302 million tons. Meat production could increase by 27% to 35 million tons.
The minister said grain exports could reach 139 million tons in ten years, up from a current 102 million tons per year. Foreign sales of meats are expected to climb from 6.5 million to 8.8 million. “By 2027/28, we want Brazil to retain 10% of the world’s agricultural market,” the GAF website quoted Maggi as saying.
During the Forum, PricewaterhouseCoopers consultant Paula Malvestio said global demand for food will increase by 70% through 2050, especially in major emerging economies like China, India, Brazil, Russia, Indonesia and Turkey.
Translated by Gabriel Pomerancblum
