Browsing: Agribusiness

Crop reduction in the United States and a record Brazilian crop influence prices, farmer profits, meat cost and shipment abroad of the commodity.

The 11th Brazilian Agribusiness Congress takes place on August 6th, in São Paulo. The event should cover the part played by Brazil in the supply of food and energy worldwide. Enrolment is open.

Production should grow 1.7% a year over the next decade, against 2.6% over the last 10 years. Food prices should remain at a high level, according to a FAO and OECD report.

From January to July, foreign sales of chicken totalled 1.987 million tonnes, 3.07% more than in the same period in 2011. In revenues, there were US$ 3.819 billion, a reduction of 4.5%.

The Brazilian 2011-2012 grain season may be 0.1% lower than the preceding one, according to estimates of the National Supply Company. The crop forecast is 162.6 million tonnes.