As the Algerian market opened up to poultry sales from Brazil last week, a delegation led by the Ministry of Foreign Affairs and meat industry groups ABPA and ABIEC traveled to the country to position themselves in the market and discuss new business possibilities.
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The event will be held in Fujairah in December on the theme “Sustainable Agriculture and Green Logistics,” organized by the emirate’s Chamber of Commerce and Industry and the Arab-Brazilian Chamber.
ApexBrasil conducted a sector study and saw opportunities for increasing exports with lower tariffs than competitors. Egypt’s market was opened for Brazilian ginger in 2021.
Algerian authorities allowed purchases of Brazilian halal-certified chicken, thus widening the presence of the product in Arab markets. Tamer Mansour says this is a major win for the Brazilian poultry industry.
The purchases of fertilizers from the international market in Brazil fell in the first seven months of the year, said the sector’s association.
A study published last week by ApexBrasil assesses the potential of the Moroccan market for Brazilian lobsters and poultry genetics. Brazil’s agricultural attaché to Rabat, Ellen Laurindo, said these are products that aren’t yet exported to the country.
The Egyptian company will invest some USD 8 million to step up its production capacity and meet the growing demand for fertilizers from both the domestic and international markets.
The Egyptian cabinet took the decision to curb the unprecedented surge in onion prices in the local market. The approaching end of the export season limits the measure’s negative impact on the productive sector.
Brazil grew in most areas of livestock production last year. Revenue was the highest ever, as well as the number of cattle heads and poultry eggs.
The company, one of the biggest ethanol producers in Brazil, completed its judicial recovery process. The company will receive USD 102.86 million from Mubadala.
First woman to become the head of Brazil’s agricultural research agency, software engineer Silvia Massruhá plans an administration focused on sustainability, traceability, and the digital inclusion of small and midsized Brazilian farmers.
The renewed sector project between the Brazilian Association of Specialty Coffees and ApexBrasil has Middle East countries as priority markets, in addition to Asian nations. Interest in the product grew after Expo 2020.
Brazilian meat lobby ABPA forecasts a slight growth in the country’s output this year and a decrease in the results of global competitors. No cases of avian influenza have been detected on commercial farms in Brazil.
The Brazilian food company released its results for the second quarter. It informed it had a 50% market share in the export of halal poultry to the countries of the Gulf Cooperation Council.
