Browsing: Agribusiness

The Ministry of Agriculture has established for this year a 20% increase in international sales of fresh fruit. The opening of new markets, like the Chinese, Japanese and those of the Arab countries should help the country exceed the 2004 exports, which totalled 850,000 tonnes. Every year, 70% of the Brazilian fruit traded on the foreign market goes to Europe. So as to increase sales to the Arab countries, the Brazilian Fruit Institute is going to participate in two shows in the region in 2005.

After having its structure approved by the Securities and Exchange Commission, the Agrinote, or Commercial Note of Agribusiness, may be issued by sector companies to finance, among others, production, industrial enterprises and exports. The government of Brazil has even created another five papers connected to agribusiness that may be negotiated on the stock market.

This load ended a negotiation process that lasted decades. The liberation of imports of the Brazilian fruit was announced by Japanese prime minister Junichiro Koizumi during his visit to Brazil in September 2004.

Sales of unindustrialized coffee from Brazil to the region generated US$ 59 million, or US$ 29 million more than in 2003. The Arabs consumed 853,000 bags of Brazilian coffee, an increase of 36.4% in terms of volume. In general, Brazilian coffee exports, including those of soluble coffee, rose 31.4% in terms of revenues, pushed by the increase in the price of the commodity. In 2005 there should still be an increase in export revenues, but a reduction in the quantity shipped.

Brazilians bought 166.7 tonnes of dates from the Arab countries between January and November in 2004. Of this total, 165 tonnes came from Tunisia. The country in North Africa is the main supplier of the dry fruit to Brazil amongst the Arabs. In Brazil, the dates are mainly used to make sweets typical of the Arab cuisine.

The sales rose from 2.9 million tonnes between January and October 2003 to 5.3 million in the same period this year. Sector representatives in the southern Brazilian state of Paraná, the second largest sugarcane producer in Brazil, are going to participate in fairs in Saudi Arabia and Syria next year so as to further increase sales. The state produces 1.8 million tonnes of sugar and has a special terminal to ship sugar in bulk at the Port of Paranaguá.

Brazilian farmers are going to harvest 61.4 million tonnes of soy in the next harvest. The price reduction should stimulate the growing of the genetically modified (GM) variety, as GM seeds demand less use of pesticides. The Brazilian government has authorized the sowing and trade of GM seeds by a Provisory Measure (MP). Despite the lower prices paid for GM soy, farmers are stimulated to produce this kind of seed as the prices of maize, the alternative to the product, are also very low.

The figure forecasted for the year is 42% grater than that registered in 2003. The Agriculture Ministry estimates also show a 23% increase in the shipping of cattle, pork and chicken meat. Last year, Brazil sold 3.43 million tonnes on the foreign market. This year a total of 4.2 million tonnes should be traded. Algeria and Egypt are among the countries that presented the greatest growth as destinations for exports of raw cattle beef.