The company, which is headquartered in the interior of the southeastern Brazilian state of São Paulo, posted revenues of US$ 116.7 million in exports to the countries of the League of Arab states up to September 2007. Egypt was the third main importer of Minerva products in the world, losing only to the European Union and Russia.
Browsing: Agribusiness
From the Newsroom* São Paulo – Production of alcohol in Brazil grew approximately 20% in the current crop, and sugarcane production increased at an average of 11% per year in the last five years. The information was supplied by the secretary of Production and Agroenergy at the Ministry of Agriculture, Livestock and Supply, Manoel Bertone.
Prices for the two commodities, which answer to 90% of Brazilian grain production, should remain high in 2008 due to the heated global demand, and thus bring more capital into Brazilian agribusiness. In 2007, the country posted revenues of US$ 10.8 billion from soy exports, and of US$ 1.7 billion from maize.
Starting on January 1st, the B2 mix will be compulsory in the country. And the compulsoriness should normalize the sector, which faced a few setbacks in 2007. In the interior of the country, especially in the midwestern Brazilian states of Mato Grosso and Mato Grosso do Sul, entire municipalities are awaiting entry into operation of processing plants, which should boost the local economy.
According to the president at the Brazilian Poultry Exporters Association, The Middle East is the most important and oldest market in the field. In 2007, exports to the region totalled 1.2 million tonnes and upwards of US$ 1 billion. In 2008, the organisation wants to participate in a trade fair for foodstuffs in Dubai and in a mission to Saudi Arabia.
Sementes Horizonte is exporting cowpea beans for cultivation in Egypt. In the Arab world, the company is also negotiating sales to Saudi Arabia. The company works in the production and trade of seeds and should harvest, this year, a total of 1,400 tonnes of cowpea beans. Next year, the total should reach 12,000 tonnes.
Foreign sales of the product should total US$ 4.8 billion this year, a record for the sector. The shipments may reach 3.2 million tonnes, 18.5% more than last year. Exports to the Middle East exceeded US$ 1 billion.
From the Newsroom* São Paulo – The Brazilian production of processed coffee already totals 33.7 million bags for the 2007/2008 crop, according to data supplied by the National Food Supply Company (Conab). Of that total, 69.6% are of the Arabica variety, and 30.4% of the Robusta or Conilon types. The figure is 20.6% lower than production
The state is the leading producer and second largest exporter of poultry in Brazil, according to a survey conducted by the Brazilian Institute for Geography and Statistics (IBGE). Last year, the Arab countries imported 322,500 tonnes, or US$ 340.5 million. From January to October 2007, revenues reached US$ 351.7 million.
Agência Brasil* Rio de Janeiro – The Brazilian Institute for Geography and Statistics (IBGE) estimates that annual production of sugarcane should total 561.8 million tonnes next year, the volume is 9.3% greater than in 2007, when 514.1 million tonnes were harvested. Based on crop estimates for next year, the figures, disclosed yesterday (10) show that
The participation of the Arabs in the exports of Brazilian beef is only smaller than that of Russia and the European Union. Up to November, Brazil exported the equivalent to US$ 4.1 billion, and the value should reach US$ 4.45 billion by the end of the year, according to the president at the Brazilian Beef Industry and Exporters Association, Pratini de Moraes.
There was growth of 12.4% in comparison with the same month in 2006. The performance was influenced by sales of meats, grain, soy, tobacco and juices. In the whole of the year, the total exported reached US$ 53.7 billion, 18.76% more than in the same period in 2006.
