The minister of Agriculture, Mendes Ribeiro, said that Brazil should exceed US$ 100 billion in foreign sales this year.
Browsing: Agribusiness
G20 leaders announced the creation of AgResults, a fund which will acknowledge innovative endeavours in food security and agricultural development worldwide. The fund will have up to US$ 100 million.
Purchases from countries in the Middle East and North Africa were down 26% in the first five months compared with the same period of last year. Total fertilizer imports declined by a similar rate.
Purchases from countries in the Middle East and North Africa were down 26% in the first five months compared with the same period of last year. Total fertilizer imports declined by a similar rate.
The industry posted US$ 19.6 million in foreign sales revenues in the first five months of the year.
The country should have a record crop and should sell 11 million tonnes of the commodity on the foreign market. Due to this scenery, however, product prices may drop.
The rate is an estimate of the Ministry of Agriculture for the coming 10 years. The production should go from 153 to 186 million tonnes. The forecast includes soy, maize, wheat, rice and beans.
In May, agribusiness exports exceeded the US$ 10 billion figure for the first time in a single month. The performance was boosted by soy.
Somdiaa group should invest US$ 370 million in its companies on the continent to increase sugar production and guarantee local self-sufficiency.
A refinery in the emirate purchased 300,000 tonnes of the product because the country’s crop was good, the currency is depreciated, and freight costs are advantageous.
Agreement between Apex and Abiarroz should promote exports of the product to eight countries, among them Jordan and Saudi Arabia. The objective is to sell rice and its products abroad.
National agroecology policy will aim to increase to 300,000 the number of families involved in organic food production in Brazil by 2014.
A survey conducted by the Ministry of Agriculture estimates the gross value of the 20 main crops this year at US$ 106.8 billion. The forecast is lower than the 2011 result.
This year, 50.45 million bags will be harvested, according to the National Food Supply Company. The figure exceeds the record set in 2002-2003.
