The organization is going to discuss matters of interest to the sector and their impact on member countries. It will be presided over by the Brazilian Francisco Turra.
Browsing: Agribusiness
The US$ 3.8 billion deal was announced today and includes the commodities company’s production operations. Bunge is going to maintain its distribution business.
Last year, 37,000 tonnes of the product were shipped. In order to encourage sales, the Brazilian Poultry Exporters Association is planning a series of abroad, including Dubai.
In 2009, Brazilian sales of the product grew 51% compared with the previous year. Shipments totalled 26,000 tonnes, representing growth of 42%.
Chicken exporters will favour the opening of new markets this year to make up for losses caused by the currency’s appreciation, says Ricardo Santin, the Exporters Association’s executive director.
The region remained the leading market for Brazilian exports in 2009. There was also growth in shipments to Africa. Sales to the remaining blocs declined.
Animal healthcare company Ouro Fino Agronegócio already exports to Sudan, Mauritania and Saudi Arabia, and is seeking partners in order to increase its sales to the Arabs.
The number of bags sold grew 25% and revenues rose by nearly 5% compared with 2008. Syria and Lebanon were the leading buyers of Brazilian coffee.
Starting in February, the rate of ethanol will go down from 25% to 20%. The measure will remain in force for 90 days.
Brazil sold over 30 million bags in 2009, the highest volume in the last four years. Germany and the United States were the main buyers.
The National Food Supply Company’s production estimate for the 2009/2010 crop is 42,000 tonnes. Canola is the third most produced oleaginous plant in the world.
In 2010, gross production value for the 20 main crops may reach US91 billion. Price recovery and the production volume for several products are the main reasons for the increase.
In 2009, developing countries expanded their importance as destinations for Brazilian exports. The Middle East, for example, is now the third main market for Brazil.
Statistics Institute and Food Supply Company estimates point to an expansion of the crop, which should total 140.7 mn tonnes, according to the former, and 141.35 mn tonnes, according to the latter.
