Agribusiness sales totalled US$ 325.6 million in the first quarter, according to the Ministry of Agriculture and Environment. The country wants to increase sales and reduce imports.
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Brazilian agribusiness has failed to earn the amount since August 2010, as the Federal Attorney’s Office issued a ruling restricting the purchase of properties by foreign capital.
The increase was recorded in the first quarter, despite the political crisis in the country. The Middle East remains the leading market for the Brazilian product, with US$ 673 million in imports.
Egypt imported US$ 106 million and Algeria, US$ 46 million in soy oil from Brazil in the first quarter. The purchases have helped increase agribusiness sales to the region.
The African country also intends to carry out technical exchange in the area. An agreement was signed during a visit of the Sudanese Animal Resources and Fishery minister, Faisal Hassan Ibrahim.
Pioneiro Alimentos, a poultry producer from Paraná, has halal certification and has created a specific brand, Al Mana Foods, for Arab countries. The company aims to expand its sales in the region.
Unstable weather in 2010 and the advanced age of cane crops affected sugarcane production in São Paulo, but crops in other states compensated the losses. Foreign sugar demand is on the rise.
Exports from Brazil to the region generated US$ 20 million last month. Lebanon and Syria were the main markets.
After criticizing the French government’s idea of controlling agricultural items’ prices, Brazilian Agriculture minister Wagner Rossi backed down and said the European country is against the measure.
Brazil exported the equivalent of US$ 647.6 million in March. Rising revenues attest to year-on-year price increase, considering that the volume shipped only grew by 1.3%.
The national grain crop in 2011 may exceed the record 2010 crop by 4%, reaching 155.6 million tonnes, according to the IBGE. The South should lead in production.
Faisal Hassan Ibrahim, the minister of Animal Resources and Fisheries, signed a protocol of intentions with the Ministry of Agriculture of Brazil for cooperation in agriculture.
Growers who had ceased to cultivate the commodity are enthusiastic about the rising international demand. In São Paulo, the planted area has more than tripled.
The meat packing company will use the structure of Keystone, acquired last year, to distribute its products worldwide. The company purchased owns units in five different Arab countries.
