According to the National Food Supply Company’s forecast, 664.33 million tonnes should be harvested this year, representing growth of 9.9% in comparison with the previous crop.
Browsing: Agribusiness
The works for construction of a factory in Três Lagoas, in Mato Grosso do Sul, should begin next year and the unit should start producing in 2014. The initiative is by Petrobras.
During the first quarter, Brazilian foreign sales were equivalent to US$ 3.22 million. The volume shipped was 5,200 tonnes, representing growth of 30% compared with the same period of last year.
The 17 buyers that will take part in the business roundtables of the Machinery Manufacturers Association at the agricultural technology fair in Ribeirão Preto include the Tairab Agrobusiness Group.
Brokerage firm Expoente is heading for Dubai seeking new buyers of rice. The firm, which already exports to Saudi Arabia and Jordan, will participate in Brazil Trade Middle East, in May.
Revenues from Brazilian foreign sales totalled US$ 160.5 million, representing growth of 101% compared with the same month of last year. First-quarter exports totalled US$ 395.8 million.
Brazilian agribusiness shipments to the region generated over US$ 1.5 billion in the first quarter of 2010. The performance was greatly influenced by sales of beef and sugar.
Trading company Rural Trade signed a contract for shipping 2,000 tonnes of bovine meat to Iran. The deal was closed during business roundtables as part of the Brazilian mission to the Middle East.
The Iranians may invest in mills to produce ethanol in Brazil and import the fuel. The theme arose after talks between minister Miguel Jorge and authorities in the country.
The evaluation was made by the chairman of the Brazilian Poultry Exporters Association, Francisco Turra. The organization wants to promote the egg sector, whose largest market is the Arab world.
Foreign sales increased by 25.5% in comparison with the same month of last year. Saudi Arabia was one of the highlights in terms of target countries, as well as the Middle East as a whole.
The industry’s union envisions an opportunity of increasing foreign sales. Egypt is one of the promising markets for bovine flour. Thus far, Brazil exports a very small share of its production.
Brazil shipped 328,000 bags to the region in the first quarter of the year, resulting in revenues of US$ 43 million, a figure that represents growth of 21% over the same period of 2009.
The Brazilian crop should total 146.31 million tonnes, representing growth of 8.3% in comparison with the previous one. The information was provided by the National Food Supply Company.

