The price of commodities, which dropped in September, should return to prior levels. Sugar had one of the highest drops and is among the products most sold by Brazil to the Arabs.
Browsing: Agribusiness
Vale Fertilizers signed a protocol of intention to invest US$ 2 billion in the state of Minas Gerais. Plans include phosphate exploration, expansion of the phosphoric acid plant, among others.
A group of university graduates established BR África aimed at developing agribusiness projects on the continent. It already has operations in the Congo and Angola.
Exports of the commodity reached US$ 121 million up to August. Shipments totalled 168,300 tonnes and the main buyer was Saudi Arabia.
Campo Verde, based in Jarinu, São Paulo, does selection of the Dorper and White Dorper breeds and plans to enter the slaughtering industry in the future. Saudi importers have contacted the company.
Revenues from shipments increased by 35% compared with the same month of last year. Arab countries are among the leading target markets.
Brazilian cotton exports generated US$ 10.8 million in the period from January to August. Morocco was the main buyer in the region.
Brazilian imports of fertilizers grew 45% this year and reached 12.8 million tonnes. The cultivation of the second crop and higher commodity prices favour purchases.
The ten leading cocoa producing countries in the world are gathered in Brasília since last Monday (12) to discuss international certification of the fruit’s crop.
The International Coffee Organization expects 130 million bags to be produced in the 2011-2012 cycle, a 2.4% decline over the previous period.
The state posted revenues of US$ 15.11 billion from exports of agriculture and livestock products from January to August, a 19.3% increase. The figure is equivalent to 23.6% of the national total.
The Brazilian grain crop should reach 159 million tonnes, according to Brazilian Institute for Geography and Statistics estimates. The volume should be 6.3% greater than in the 2010 crop, a record.
Revenues were the highest in the last five years for the month, at US$ 777.53 million. From January to August, revenues from sales to the Arab countries grew by 37%.
Foreign sales of chicken rose 3.2% in volume in the first eight months of this year. The Middle East was the main destination.
