Brazil’s Agricultural Research Corporation and the Rio Grande do Sul State Agricultural Cooperatives Federation have been working for four years now to professionalize wheat production intended for export. A type of wheat grown in the state is unappreciated domestically, but it is sought after in other countries.
Browsing: Agribusiness
Different regions of Brazil are investing in specialty product to offset higher costs stemming from worker protection during harvesting. However, the industry is unsure about sales of higher value-added product, with cafés closed for over three months now.
There is strong worldwide demand for the forage plant, which is considered the best feed for animals including dairy cattle and horses. Saudi Arabia is a major importer, and over the long haul, if output goes up, Brazil can start selling to the Arab countries.
Brazilian sector stood out amid the economic rebound and during the COVID-19 crisis. Valued exchange and export capacity make Brazilian agribusiness companies more attractive for foreign investors.
The food processing facility was bought in a USD 8 million deal by the Brazilian company, which is planning to increase the plant’s output fivefold.
Foreign sales were down 9.5% for revenue and 8% for shipped volume. Some Arab countries stepped up imports, including Saudi Arabia, Algeria and Libya.
The volume is not high enough to justify flying, and cargo was formerly shipping in the cargo compartment in regular flights, which are grounded in quarantine. Marine traffic remains somewhat normal, with some delay.
Despite the global crisis caused by the COVID-19 pandemic, the sector stepped up imports on April. Brazil’s demand for fertilizers is expected to grow by 1.5% to 3% in 2020.
Arab country has opened up for cattle, sheep and goat meat. Negotiations were underway about the requirements of the International Sanitary Certificate for exporting products and whether Kuwait would accept the list of establishments laid down in the Federal Inspection Service.
Importers are shifting towards Brazilian beef as an alternative to unavailable Indian buffalo meat. The subject was discussed in a webinar hosted by consulting firm Datagro and livestock industry association GPB.
According to the National Office for Livestock Feed director general, the country has enough poultry to meet the domestic demand during the period. Algeria has forbidden exports of staple foods such as meats due to COVID-19.
During a webinar hosted by the Arab Brazilian Chamber, Tereza Cristina said Arab countries are one of the Ministry’s priorities when it comes to foreign markets amid the Covid-19 pandemic.
Among the new plants that can export to the Arab country, 15 are beef packers and 27 are poultry packers.
A survey commissioned by the Brazilian Beef Exporters Association (ABIEC) shows that there’s no risk of a shortage in the country. Production exceeds domestic consumption by 35.5%.
