Brazil shipped 2.87 million bags of the product in October, down 9.5% from the same month last year.
Browsing: Agribusiness
Brazilian sugar and ethanol giant acquires controlling stake in one of the USA’s major biofuels trading companies. The Brazil-based company’s goal is to internationalize its ethanol business.
This Friday (26th), Apex-Brazil approved a project to promote sector cooperatives and companies overseas. Of the target countries, five are Arab.
The increase in soy, maize and cotton crops caused farmed regions to increase by 2.8 million hectares in the country in 2011, amounting to a total of 68 million hectares.
For such, the continent must eliminate trade barriers between its own countries. A World Bank analysis also shows that the region can generate over US$ 20 billion a year.
Fishery products account for 20% of agricultural foreign sales from the continent, according to a document released at the African Development Forum in Ethiopia.
Revenues from sales from Brazil to the region stood at US$ 66 million in September. The leading buyer was the United Arab Emirates.
The projection was made at the seminar ‘Perspectives in economic relations between Brazil and Arab countries,’ this Wednesday in São Paulo, which explored trade and investment opportunities.
A project of the Brazilian Ministry of Foreign Relations (Itamaraty), the Brazilian Cotton Institute and the UN agency will make US$ 10 million available to boost farming of the product in developing
The country should become the leader in foreign sales of the commodity in the 2012/2013 crop, exceeding the United States, according to a technical study by Expedição Safra.
Agronomist Maurício Antônio Lopes has been with the Brazilian Agricultural Research Corporation (Embrapa) for 20 years, and will replace Pedro Antônio Arraes, who resigned in September.
An agreement between Brazil’s Poultry Union and the Export and Investment Promotion Agency provides for over R$ 5 million to be allocated to commercial promotion actions.
The volume processed in Midsouth Brazil reached 381 million tonnes in late September. As a result, sugar and ethanol outputs have also dropped.
The price of soy has been generating incentives for cultivation and production of grain in Brazil may exceed 182 million tonnes in the 2012/2013 cycle.
