Sector sales dropped by 11.4% last month compared with the same month last year, resulting from poor performance of soy bean, oil and chaff, sugar and ethanol exports. Revenues reached US$ 7 billion.
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Companies that engaged in matchmaking rounds made deals worth US$ 14 million at the event which ended last week in Ribeirão Preto, in the state of São Paulo.
The sugarcane crop in the Brazilian Mid-South will reach 508 million tonnes, according to Archer Consulting. That will produce 21.2 billion litres of ethanol and 32.5 million tonnes of sugar.
The food and agricultural machinery sector fair, which ends on Thursday (26), in Algeria, generated good business and contacts to Brazilian participants.
The sector export revenues with milk, milk cream and butter oil shipped to the Arab countries reached US$ 5 million in the first quarter of the year. The main buyer was Saudi Arabia.
Sugar production is expected to increase by 5.72% to 33.1 million tonnes in Mid-South Brazil in the 2012-2013 crop. The ethanol crop should grow by 4.58% to 21.5 billion litres.
A delegation from the Arab country is in the country to the end of the month. The delegation should visit 14 exporters. The Brazilian Poultry Union disclosed that chicken exports in March were record.
The 2012-2013 sugarcane crop will be 5.4% larger than the preceding one, at 602.18 million tonnes, according to the National Supply Company.
Foreign sales revenues reached US$ 1.71 billion in first three months of this year, 8.6% less than in the same period of 2011. Smaller crop, at its final harvesting stages, explains the performance.
Foreign sales of the commodity expanded by 115% in volume and 99% in revenues in the first quarter. The movement, however, should not invert the lower shipments forecasted for this year.
The meat processing company posted losses of US$ 41.5 million last year, a figure 74% lower than in 2010.
The country’s purchases from Brazil dropped early this year due to local authorities having found issues with products from other countries, and having decided to revise the documentation as a result.
In 2011, the sector benefited from a good crop and high international prices. The production surplus reached 800,000 tonnes. The goal for this year is to maintain the pace.
The organization’s 2012 plan was released this Wednesday, providing for a new secretariat to be established in order to increase the capacity of the corporation for public and private deals.
