Foreign sales from Brazil were up 35% last month and 18% year-to-date. Egypt and the UAE were some of the top buyers.
Browsing: Agribusiness
Brazil shipped 381,100 tons in May. UAE purchases was one of the highlights of the month, ABPA said.
The food products have been developed by Embrapa’s livestock arm in southern Brazil and are non-pork-eater-friendly.
Overview of the world coffee production and consumption presented at the Coffee Summit on Wednesday shows that the Chinese market is promising for producers. Brazilian exports to the Arab countries grow above average.
A panel during the opening of Campo Grande Expo this Tuesday in Mato Grosso do Sul, Brazil featured the president of the Arab Brazilian Chamber of Commerce, Rubens Hannun.
Director of the Agribusiness Promotion Department of the Ministry of Foreign Relations, Alexandre Ghisleni, visited the Arab Brazilian Chamber on Monday to discuss agribusiness opportunities.
The fertilizer manufacturer saw revenue climb 20% in Q1, with results driven by markets including Brazil.
Forecast is a crop of 51 million bags according to CONAB. Reduction is due to the two-year period for coffee farming.
Brazil shipped USD 8.57 billion worth of goods last month. Year-to-date, however, sales were up 0.2%.
Brazil produced 908 million dozen eggs, 3% down from the last quarter of 2018. Exports to Arabs grew.
Sales to the Arab countries reached 554,600 bags year through April. Revenue grew 8% to USD 66.2 million, according to Cecafé.
The country accounts to 25% of global trade of the product, up from a meager 1% ten years ago, according to the Food and Agriculture Organization of the United Nations (FAO).
The month saw USD 212 million worth of product shipped from Brazil to that region, up 60% year-on-year. The result is owed to the building of stockpiles for Ramadan.
The National Supply Company sees output potentially reaching 95 million tons in the 2018/2019 season.
