Entity president Rubens Hannun and Union of Arab Chambers secretary-general Khaled Hanafy met acting president Hamilton Mourão and minister of agriculture Tereza Cristina in Brasília.
Browsing: Agribusiness
The meat packing units account for 30% of sales to the Arab country. The decision, which is reversible, was made on technical grounds.
International Innovation Award for Sustainable Food and Agriculture is receiving nominations until February 2018.
Last year saw 1.68 million bags of the product shipped to the region. Lebanon is the leading buyer in the bloc, but Syria came as a surprise as it placed second.
Last year saw the countries purchase a combined 341,660 tons of Brazilian cattle meat, which amounted to nearly 21% of total beef exports from Brazil.
The Brazilian Institute of Geography and Statistics (IBGE) expects a 3.1% bigger harvest in 2019, while the National Supply Company (Conab) sees volume going up 4.2% in the 2018/2019 crop-year.
Last year saw 1.64 million tons shipped from the country. According to the Brazilian Beef Exporters Association (Abiec), it was the biggest volume ever shipped by an exporting country.
Brazilian foreign sales declined 5% in comparison with 2017. Results of the second half compensated part of the loss and the sector is expecting growth for 2019.
List includes permission to export livestock, honey and honey-based products, and bovine and poultry genetic material for Saudi Arabia.
During the 2018/19 crop, three of the five top destinations of the Brazilian commodity were Arab countries. The National Supply Company is expecting a record ethanol output.
Blairo Maggi made an assessment of his term and said he recommended to the future Minister Tereza Cristina that she travels to countries of the region at the very beginning of the new government. He added that Brazilian agribusiness should achieve a new export record in 2018, with USD 100 billion.
Exports to the region were down 19% from January through November to USD 2 billion, but the industry association expects a rebound in 2019. Saudi Arabia, the biggest market, is expected to increase its imports again.
This year should see 59.6 million 60-kg bags harvested, as per a November survey from the Brazilian Institute of Geography and Statistics (IBGE).
In line with the upward trend of the past few years, foreign sales are expected to reach 1.62 million tons in 2018 – the biggest volume ever shipped from Brazil. Revenues are seen climbing 7.4% to over USD 6.5 billion.
