Brazil imported 2.73 million tonnes in the first quarter, whereas national production totalled 1.36 million tonnes. Arab countries are great suppliers.
Browsing: Agribusiness
A group of 30 plants in Mid-South Brazil has started milling sugarcane of the 2011-2012 crop ahead of schedule, so as to add ethanol to the country’s inventories during the off-season.
The state should harvest 14.67 million tonnes of soy, an all-time high. The volume represents an increase of 730,000 tonnes over the volume forecasted last month.
AGRAme will run from March 29th to 31st in Dubai. Over 175 exhibitors from 30 different countries will showcase agricultural machinery and animal husbandry equipment.
The Lebanese have imported 27,170 heads of cattle from Brazil in January and February this year. The bulk of shipments left the country through the port of Barcarena, in the state Pará.
According to the president of the Brazilian group, Wesley Batista, developing nations should become the main meat buyers in the world, among them the Arabs.
Trade fair in Dubai shows that the product’s crop and sales to both the domestic and foreign markets should increase in Brazil.
Sector sales to the region grew by 65.6% and reached US$ 724 million in February. To Egypt, a country hit by a political crisis during the month, shipments increased by 92.6%.
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.
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.
