The growing population should guarantee space for ethanol and oil in the future. The use of biofuels, however, is growing and global trade should rise tenfold by 2020.
Browsing: Agribusiness
This statement was made yesterday by Chief of Staff Dilma Roussef, at the opening of the 2nd Ethanol Summit, in São Paulo. The country should produce 17.3 billion litres of the product in 2020.
The estimate is by the Organization of Brazilian Cooperatives for 2009. Nowadays the countries of the Middle East and North Africa buy 16.3% of the total exported by these companies.
The Asian country disclosed a list of 22 slaughterhouses in Brazil that are authorised to sell to China. As a result, foreign sales of chicken meat should rise by 5% this year and by 10% in 2010.
Representatives of the Ministry of Agriculture told farmers that they must unite to expand their production and cater to the market. The Middle East is one of the most promising destinations.
Brasília – The 2009-2010 crop will count on 93 billion reals (US$ 45.9 billion) in financing, of which approximately 15 billion reals (US$ 7.4 billion) are earmarked for family farming. The information was supplied by the Brazilian minister of Agriculture, Reinhold Stephanes, while leaving a meeting with the minister of Finance, Guido Mantega, during which
Markets in the region absorbed 26% of Brazilian exports from January to April. Five Arab nations are in the list of 10 largest buyers. Sales totalled US$ 1.69 billion.
The enterprise exported more to the region in the first quarter. The Middle East bought 23.3% of what the company sold abroad. The export performance to Africa was also good.
The Argentinean crop reduction expanded the market for Brazilian soy in the Arab world. Brazil posted US$ 50 million in revenues from sales of commodity to the region between January and April.
The state is also developing a program through which it plans to renew its Arabica coffee crops in 49 cities. The idea is to gain in quality, productivity and to increase the crop.
Foreign sales from the southern Brazilian state grew 31% in April compared with March this year. The figure was US$ 1.12 billion.
The financing approved by the Brazilian Development Bank will be made to Braskem, which is going to produce ethylene and polyethylene from ethanol in Rio Grande do Sul.
The Ministry of Agriculture estimate involves the 20 main crops in the country. A 3.2% reduction is expected over 2008. Nevertheless, the result should be the second highest in history.
The Middle East was one of the three regions of the world, to which Brazilian agribusiness sales grew in April. alongside Africa and Asia. Overall sales decreased by 4.7%.
