Industry forecasts shipments of 1 billion litres this year, with revenues of US$ 750 million. The country wants to be a leading exporter in the field, and has already conquered several Arab markets.
Browsing: Agribusiness
This is the estimate of the Food and Agriculture Organisation. There should be increases in the production of maize and wheat.
Company Mozambique Principle Energy plans to produce 213 million litres of alcohol per year in the African country starting in 2013. Distribution should be to the domestic and foreign markets.
A highway connecting the Atlantic to the Pacific Ocean, with a length of around 3,000 kilometres, is going to simplify the transfer of Brazilian agricultural production, especially to Asia.
Embrapa wants to supply technology to crops in Libya using water from artificial rivers. The project is called The Great Man-Made River and should receive investment of US$ 20 billion.
Foreign sales totalled US$ 33.8 billion in the first half, 16% more than in the same period last year.
Brasília – In the current crop, Brazil is going to harvest 146,000 tonnes of castor oil plant, representing growth of 55.8% compared with the last crop. According to the National Food Supply Company (Conab), the expansion of production was driven by greater use of castor oil in several products, including manufacturing of fluid for aircraft
The Brazilian state is getting ready to pick 6.6 million tonnes of the grain this year. The growth, boosted by the good moment lived by maize on the global market, should be 6% over 2007.
Brazilian exports to the region totalled US$ 969 million in the first half, growth of 69%. Shipments totalled 559,000 tonnes, 21% more than in the same period in 2007.
From July 2007 to June this year, Brazilian sales totalled US$ 65.4 billion. June sales totalled US$ 6.5 billion, an increase of 30.3% over the same months last year.
The Chinese want to know how Brazil produces, transports, stores and mixes alcohol with petrol. A mission organised by the Brazilian government is in the Asian country this week.
Brasília – The Bank of Brazil is going to make available 30.8 billion Brazilian reals (US$ 19.1 billion) for the financing of rural credit in the 2008/2009 crop. The value corresponds to an increase of 25% over that made available in the previous crop, when funds totalled 24.7 billion (US$ 15.3 billion). Of the value
