In the first two months this year, Brazilian sales to Arab countries dropped by 33%. The dollar-to-real ratio is a factor, but the sector bets on commercial promotion to boost business.
Browsing: Agribusiness
The increase took place over an eight-year period. During the period, annual consumption in Brazil has gone from 113 to 125 kilograms per person. The information was supplied by the IBGE.
The president claimed that Brazil is going to invest US$ 6.5 billion in fertilizer manufacturing. The country imports most of what it consumes.
Revenues from sales of Brazilian wheat to the Arab world reached US$ 175 mn in January and February. In the whole of last year, sales reached US$ 37 mn. Product was shipped from Rio Grande do Sul.
Revenues reached US$ 606 million last month. Sales totalled 2.664 million bags.
The Brazilian soy crop is poised to grow by 2.3%. Exports should also rise, driven mainly by the high price of the commodity.
Conab projections for the 2010/2011 crop point towards record production of 154.2 million tonnes of grain in Brazil.
Brazilian foreign sales in February totalled US$ 161.7 million. The value exported in the first two months of the year, US$ 302.7 million, was the best result in recent years.
The government is taking to states the Low Carbon Agriculture programme, which makes available funds for producers to reduce their carbon emissions.
This year, the country should grow 1.6 million hectares of wheat, of which 752,000 hectares will be irrigated. Last year, there was a crop reduction due to pests and climate problems.
The institution announced it will grant credit to the government of Rio de Janeiro to finance works on agriculture in the mountain region of the state, which was heavily affected by rains in January.
The country in North Africa was chosen as a priority market for exports of the Brazilian sugar and alcohol energy sector. The objective is to sell entire mills to the Arabs.
Algeria, Morocco and Egypt were the highlights in the Brazilian agribusiness trade balance in January. In total, sector exports were 26.3% greater in the first month of the year.
Agronomist Paulo Suassuna travelled to Morocco to speak about cactus production for animal feed in small properties in Sergipe. Moroccans should now come to Brazil to learn about cultivation.
