Browsing: Agribusiness

Between January and September, the country purchased 685 million tonnes of products from cooperatives in Brazil, which represents 11% of the total shipped by these companies. To the Arab countries in general, sales generated US$ 262 million, or 66% more than in the same period in 2003. In all, cooperative exports totalled US$ 1.6 billion up to the end of last month, and they should reach US$ 1.8 billion by the end of the year.

The Arab market answers to 35% of the Brazilian milk and dairy product foreign trade, but the market may grow. Sales to the Middle East and North Africa are helping the sector make its foreign trade balance positive. Bilateral trade, which is normally negative for Brazil, has already shown greater exports than imports in September.

The intention of creating a unified operation was announced last week by the Brazilian Mercantile & Futures Exchange and by the Rosario Futures Exchange. Together both countries harvest more soy than the United States, the largest world producer. However, international commodity prices are dictated by the Chicago Board of Trade. According to specialists, if the deal works out, it may bring benefits in terms of the price calculation and reduction of the farmer risk due to oscillation.

Apple export has reached US$ 72.5 million up to September this year, a value 91% greater than that registered last year. This performance, generated by the harvest of 989,000 tonnes of the fruit, should put apples in the first place among Brazil fruit exports, exceeding mangos, grapes, and melon. Last year, the fruit was the fourth most traded by the country on the foreign market.