Producers from the state of Minas Gerais are going to harvest 7,000 tonnes of castor seeds for use at a Petrobras biodiesel mill. The project guarantees additional income to agricultural producers.
Browsing: Agribusiness
Last year, eight Arab nations purchased, for the first time, from agricultural cooperatives in Paraná. In 2008, sector foreign sales to 114 nations reached almost US$ 1.5 billion.
The concern regarding wheat supply in Brazil has generated talks about the Common Export Tariff on the product. Farmers are asking the government not to remove it.
Brazil shipped 221,000 tonnes to three Arab countries in January. In the same month last year, there were no shipments. The Saudis were the main buyers.
Dutch company Africa Juice is going to produce fruit juice in Ethiopia and for this reason came to seek new technology in Brazil. The products should be shipped to Asia through Dubai.
According to a FAO forecast, biofuels are going to absorb 5% of the global grain production this year.
The Arab country, which purchased more buffalo meat from India in 2008, should return to its post among main markets for Brazilian beef this year. Despite the crisis, the sector is optimistic.
São Paulo – Brazilian beef exports dropped to US$ 255.68 million in January 2009, 45% less than in January 2008. In terms of volume, sales in January totalled 81,810 tonnes, a reduction of 34% over the same period last year. The figures were disclosed today (12) by the Brazilian Beef Industry and Exporters Association (Abiec).
Foreign sales of the sector totalled US$ 4.15 billion in January. According to the Ministry of Agriculture, the reduction in prices of the main commodities traded by Brazil had a great influence.
Estimates by the Ministry of Agriculture show that agricultural income should reach US$ 66 billion this year, down US$ 6 billion from the previous period, when it reached US$ 72 billion.
With revenues of US$ 15.7 billion last year, the state answered to 21.85% of agribusiness foreign sales, which generated US$ 71.06 billion.
The Kenana Sugar Company was built by the Brazilian Dedini and should start operating in late March. It should produce 61 million litres of ethanol a year and export to the United Kingdom.
The funds should be made available through the Cooperative Development Program for Value Added Agricultural Production. The measure should guarantee more credit for the 2008/2009 crop.
A report disclosed during the event, which gathers business and political leaders from several countries in Davos, calls for investment of US$ 515 billion a year in clean energy generation until 2030.
