According to the United Nations Food and Agriculture Organization (FAO), sugar, dairy and oils were the items whose cost declined the most last year in its price index.
Browsing: Agribusiness
Revenues from foreign sales of Brazilian bovine meat stood at US$ 21.8 million per day last week. Sales grew in spite of restrictions imposed by some countries.
The first batch of the product made by company Camelicious should be delivered to supermarkets next week. The company intends to export.
However, the state did not sell the product to the Arab country last year. Peru has announced a restriction on meat produced anywhere in Brazil.
The federal government will wait until March for countries to lift the veto on the national product.
The Egyptian minister of Agriculture informed that his country has not stopped importing Brazilian beef due to an atypical case of mad cow disease.
According to the slaughterhouse, the suspension of imports of beef for six months should not affect performance. These markets represent just 4% of foreign sales, which should go to other nations.
Purchases of the product have been halted until Brazil explains the ‘non-classical’ case of an animal contaminated with the disease which died in 2010. The announcement was made early this month.
The production volume should be up 4.72% in the 2012-2013 season, at 37.6 million tonnes; in turn, ethanol output should be down 5.22%, according to figures from the National Supply Company.
The Gross Domestic Product (GDP) of the agricultural sector should grow 3.5% to 4% next year, according to estimates by the CNA.
Plants in Mid-South Brazil processed 32.9 million tonnes of sugar 20.3 billion litres of ethanol year-to-date.
The acquirer is Norway’s Yara, which already operates in Brazil and invested US$ 750 million in the deal. Bunge will still distribute agricultural inputs.
The Brazilian Agrogen has a plant dedicated to production of chicken for sale in eight Arab nations. The region answers to 75% of export revenues and the perspective is for growth.
According to the UN agency, this is the best way to reduce poverty, fight hunger and promote development.
