Brasília – The Brazilian minister of Agriculture, Reinhold Stephanes, said today (16) that the conditions governing a line of credit of 10 billion Brazilian reals (US$ 4.5 billion) to support the agroindustry are going to be defined in a meeting scheduled to take place tomorrow (17), with the participation of president Luiz Inácio Lula da
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The Jordanian capital will host an international conference on the subject on the 19th and 20th. Brazil, which is strong in the sector, will participate through its embassy in the Arab country.
Foreign sales of Brazilian agricultural and livestock products advanced 0.3% in March when compared to the same month in 2008. Soy shipments boomed.
This month, the Agricultural Research Corporation will attend the International Exhibition of Moroccan Agriculture, in Meknès. The aim is to offer research and technologies for semiarid farming.
The forecast for this year’s crop was made by the minister of Agriculture, Reinhold Stephanes. The output should cater to 60% of the Brazilian demand and was encouraged by the minimum price policy.
The funds will be turned to expansion of the Sada group in the state of Minas Gerais. The company is going to expand its operations into production of alcohol and energy from sugarcane bagasse.
The emirate is the second largest foreign market for poultry farm Gralha Azul, headquartered in the city of Francisco Beltrão, in the state of Paraná. The company produces 6 million eggs per month.
Minerva intensified its operations in the two regions during the crisis. The African share in exports by the company went from 3.5% in late 2007 to 17.5% in the last quarter of 2008.
Syria and Egypt answer to 8% of the group’s foreign sales, the leader in grain storage in Brazil in 2008. The group posted 80% growth in general exports and 119% in revenues.
Brazilian foreign sales totalled US$ 710 million in the first two months this year. Shipments totalled 538,000 tonnes, representing a 5% reduction compared with the same period of 2008.
Fruit & Log, to be held by Ibraf and Francal Feiras, in September, wants to attract farmers, processors, distributors and international buyers, including those from the Arab market.
The Biodynamic Agriculture Association of the South already exports organic rice to Germany and England and has just made contact with importers from the Emirates and Lebanon.
The company, one of the main agricultural producers in Brazil, had 54.9% of gross revenues of US$ 185.3 million, connected to exports last year.
The funds should be spent up until 2013 on ethanol and biodiesel production.
