Brazil should have lower offer of ethanol and sugar in the 2009/2010 crops due to rain. This may be a problem for a bullish global market, which is already noticing lower production in India.
Browsing: Agribusiness
Foreign participation in sugar and alcohol mills in Brazil should rise from the current 16.6% to 25% in three to five years. The forecast was made yesterday (19th), at an international sector meeting.
Brazilian Zebu farmers sent a mission to Egypt to witness the country’s project for genetic improvement of the race. They will also discuss breeding the Brazilian Zebu with the Egyptian Baladi.
Brazilian agribusiness had revenues of US$ 633 million with sales to the Middle East in September this year. The Emirates expanded their purchases by 131.5%.
Brasília – Favourable weather should contribute for the Brazilian grain crop that started in August and should last until late July next year to exceed the previous one by up to 6.5 million tonnes. The first survey of the 2009/2010 cycle – carried out by the National Food Supply Company (Conab) and disclosed today (7th)
The country currently exports US$ 400 million in exotic products of animal origin a year, among them chicken feet and bile for production of medication.
There was growth in beef cattle slaughter in the second quarter this year compared with the first three months. The state of Mato Grosso accounted for the largest share of production, with 13.6%.
The rate of productivity of agriculture in the country rose on average 2% from 1960 to 2005. Brazil overtook China and the United States as a result of agricultural policy and private investment.
A pipeline for ethanol, scheduled to start operating in 2012, should lower the product’s cost by around 25%. The project was created by company Uniduto, comprised of ten groups in the industry.
Florestal Brasil S.A. will be launched next Monday by group JBS-Friboi, MCL Empreendimentos, Funcef and Petros. The company is going to invest in planting in forests at degraded areas.
Exports of the product to the region grew 56% this year, boosted by company Villa Germânia, which exported to seven Arab countries, among them Saudi Arabia, to which it began selling this year.
The government passed today a bill prohibiting cultivation of cane in sensitive areas. However, sugarcane may sill be grown on 64 million hectares. Today, cane occupies 9 million hectares.
The two slaughterhouses announced an association agreement that should result in unification of their operations. JBS also informed the purchase of the American Pilgrim’s Pride, in poultry.
Despite the retraction of the global market, the volume shipped to the region has grown over 20% from January to August. Exports totalled 914,000 tonnes of chicken.
