Even with the possibilities of a slowdown in Brazilian production of soy and maize, exporters should maintain the supply to the Arab market. Foreign sales of maize should drop by half.
Browsing: Agribusiness
Farmers in Africa may buy machinery from Brazil, with technical assistance, financed by the Bank of Brazil. Loans may be granted to farmers throughout the African continent.
The emirate’s government wants to trade agricultural products in order to guarantee the local market’s supply. Concern with food security is recurrent among the Arab countries.
The meat packing company will maintain its exports to the Middle East from Brazil. The company sells raw poultry. Units recently purchased in the region will operate with industrialized products.
Egypt and Saudi Arabia have stood out as Brazilian agribusiness export targets in October, according to information disclosed by the Ministry of Agriculture.
Sugar is at its highest price in 30 years and soy has returned to the price it was at in 2008. These changes in value have resulted in money in the Brazilian interior and should boost production.
Revenues from shipments between January and October reached US$ 5.56 billion. Nearly 3.2 million tonnes of poultry were exported.
The first prognosis for next year, disclosed on Wednesday (10) by the IBGE, shows an expected volume 2.8% lower than in the 2010 crop, expected to reach 148.8 million tonnes.
The country is going to invest in developing non-genetically altered grain. The program will be carried out by the Brazilian Agricultural Research Corporation and 11 farmers’ organizations.
The forecast was made by the new Meat Exporting Industries Association chairman, who took over the organization a month ago. In October, revenues grew and volume dropped due to high cattle prices.
The commodity’s rising international costs should have a positive effect on the Brazilian trade balance, claims the Sugarcane, Water and Energy director at the Ministry of Agriculture, Cid Caldas.
Sales of the Brazilian product to the Arab market rose from US$ 162.9 million in the first nine months of 2009 to US$ 241.6 million in the same period this year.
Up to Friday, professionals in agriculture and livestock from Tunisia, Egypt, Morocco, the Comoros and Algeria will be trained in production of seeds and management of grazing ground.
The president of the Sugarcane Industry Union (Unica), Marcos Jank, stated that the United States and Europe may create barriers to imports of alcohol fuel produced in Brazil.
