The Brazilian food company is cleared to ship as many as 5,000 tons of product per month to the Arab country.
Browsing: Agribusiness
Foreign sales of unprocessed and processed poultry from Brazil grew in February. Increased shipments to Libya stood out.
Beef shipments in February declined by 6% year-on-year. China reduced purchases.
Global exports of the product slid by 7.6% in January year-on-year.
IPEA revised up its 2020 growth forecast for the sector based on good prospects of soy and coffee output.
Tunisians have started shipping the olive oil of the current season, which started in November. Olive oil production is expected to double in the country.
Foreign sales went down in January as a result of a spike in domestic demand, the Brazilian Animal Protein Association (ABPA) said.
The Rio de Grande do Sul, Brazil-based liquid and powdered egg product manufacturer struck sales deals to a country in Asia and one in the Gulf during the trade show in Dubai.
The Saudi Food and Drug Administration temporarily suspended export authorizations for two of the Brazilian food company’s units. However, the company said it will ship product made at other units.
Saudi Food and Drug Authority announced on February 10 a temporary suspension of export authorizations for units in Dois Vizinhos and Francisco Beltrão which account for a combined 20% of all poultry supplied from Brazil to the Arab country.
Brazil was not authorized to sell the product to the Arab country since 2013, when the market closed due to one atypical case of bovine spongiform encephalopathy.
The increase in sales to the Middle East, particularly to Arabs, is a ‘pleasant surprise’ for the Brazil’s largest coffee farmers cooperative.
The Arab countries stood out among the Brazilian products’ buyers, purchasing 121,700 60-kg bags of the product in January.
IBGE forecasts a harvest of 246.7 million tonnes in 2020, up 2.2% from a year ago.
