Increased demand for food and fertilizers, along with changes in Chinese agricultural policy, influence the sector’s performance.
Browsing: Agribusiness
This is the second time this year that the Arab country authorizes the purchase of new products from Brazil, as Saudi imports of vegetable seeds were cleared in March.
Brazil increased its sugar exports by 27.1% from April to July and continues to enjoy positive prospects in the international market. The sugarcane harvest is expected to be the second-best in history, and sugar production could reach a record high.
Embrapa, Brazil’s agricultural research agency, and the Inter-American Institute for Cooperation on Agriculture (IICA) will sign a cooperation by the end of the year to bring 30 technicians from African countries for training at Embrapa facilities. The schedule and countries have not yet been defined.
Region went from a 10.6% share of exports of the Brazilian company in the second quarter of 2023 to 15.7% in the same period this year. A highlight at the earnings release was a net profit of USD 329 million.
The Egyptian government permitted Brazilians to export bone-in beef to the country, said the Ministry of Foreign Affairs of Brazil.
Brazil will harvest 21.2 million tonnes less in 2023-24 compared to the previous crop cycle particularly due to losses caused by climate problems. Corn and soybean are the most impacted.
The Arab country ranked fifth among the destinations of beef from Brazil from January to July 2023 and rose to third place this year, increasing its purchases by 212%.
The Middle East country stepped up its purchases of the Brazilian product by 118.6% in July, while two other Arab destinations, Saudi Arabia and the UAE decreased their imports. Despite the Newcastle disease case detected in southernmost state Rio Grande do Sul, overall exports climbed last month.
Amaro, named after a man who played a Moorish character in the town, is a shanklish, an Arab cheese launched by Lano-Alto. The dairy production of the farm in São Paulo state is guided by a just, ethical management of both pastures and animals, including regenerative agriculture models and micro-cultures.
The top destination in Africa of Brazilian agribusiness goods in the first half of the year, Egypt has dramatically stepped up its purchases of sugar and soybean from the Latin American giant. On the other hand, Egypt supplies a significant volume of fruits to Brazil.
On the other hand, ABPA figures show that chicken sales to UAE, Saudi Arabia, Iraq, and other Arab countries expanded.
Brazilian multination company reported that the chicken nugget facility in Jeddah will quadruple its production capacity in Saudi Arabia, where it already has a processing plant and distribution centers.
After experiencing two weaker harvests, Brazilian Apple Producers Association expects Brazil to have a better output in 2025, opening up a favorable outlook for exports.
