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.
Browsing: Agribusiness
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.
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.
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.
