Prices should not drop in coming years as offer will not accompany global demand.
Browsing: Agribusiness
Brazilian sector exports grew by 23% in the first half. The highlights were soy, meats, sugar and ethanol, forestry products and coffee.
The gross production value of the 20 main crops in Brazil should reach US$ 126.5 billion this year, according to a survey conducted by the Ministry of Agriculture.
Growers from the state of Rio Grande do Sul are getting ready to manufacture ethanol from rice. They are already willing to build six plants and the idea will be passed on to president Dilma Rousseff.
The winner of the scientific research contest of the Brazilian Poultry Union is going to take part in the Gulfood, a food industry fair held in the emirate.
In the 2010-2011 crop, ended June 30, Brazil sold 35 million bags to foreign countries, generating US$ 7.4 billion in revenues. Both figures are all-time highs.
The Bank of Brazil is going to make available US$ 29 billion in agricultural credit in the 2011/2012 season. The value is 17% greater than in the previous crop.
The crop ended on June 30th resulted in 162 million tonnes of grain, according to the National Food Supply Company (Conab). There was growth of 8.6% as against the previous cycle.
By 2050, the Arab countries will still need to import half or more of the foodstuffs they consume. The region’s population should have more than doubled by then.
The European Union has extended its fishing agreement with Morocco for one more year. The agreement allows European ships to fish in Moroccan waters, in exchange for financial compensation.
Revenues from foreign sales grew by 28.5% in the first half. The volume shipped increased by 6.8%. The Middle East remained the leading market.
In July, the country will promote a forum to discuss the seed industry and biotechnology in African farming. The idea is to discuss how technology can help the region produce more.
Revenues with foreign sales of the product reached US$ 53.1 million in Minas Gerais in the first five months of the year.
Total sector foreign sales added up to US$ 2.16 billion from January to May this year, 30% more than in the same period in 2010. The Emirates, Algeria and Saudi Arabia are among the main buyers.
