New criteria for halal slaughtering is one of the main reasons. Saudi Arabia’s and Kuwait’s imports slid 28% and 11%, respectively. The United Arab Emirates increased purchases in 7%.
Browsing: Agribusiness
Foreign sales of the Brazilian product totaled USD 3.5 billion from January to July. Arab countries imported USD 514 million worth of beef.
Purchases of product from Arab countries amounted to USD 830 million from January to July, down 18.4% year-on-year, while imports from Russia widened.
Brazil exported USD 59 billion worth of goods from January to July, an all-time high for the period.
The company redirected part of the cuts from Brazilian plants that used to go to Russia to the region. The Russian market still hasn’t lifted the ban to Brazilian beef imposed at the end of last year.
The month saw 463,100 tons worth of chicken shipped from Brazil. The resumption of sales in the wake of a trucker strike and normalization of statistics from the Ministry of Industry, Foreign Trade and Services led to the record-breaking result.
The Brazilian egg producer is ranked 12th worldwide and has been exporting to four countries for twelve years, including the United Arab Emirates, which buys 75% of the company’s total exports.
A group of Brazilian industry players will take a trip to China and the UAE in late October. In the Arab country, they will meet with delegates from the local businesswomen association. Registrations for the meeting are open.
The Saudi and Food & Drug Authority announced plans to launch a halal products and services center, aiming for it to become a standard in the area worldwide.
The country harvested 2.3 tons of wheat and barley per hectare on average during the 2017/2018 season, an all-time high.
The new certification was announced by Agriculture minister Blairo Maggi at the Global Agribusiness Forum in São Paulo. He said grain production will increase by 30% over a ten-year period.
A research by FGV shows that Brazil needs to discuss a new foreign trade policy due to the concentration of exports on a few products and destinations.
Brazilian purchases of fertilizers in the international market tumbled 7.7% in the year’s first six months but increased in June.
The first half of the year saw 564,000 60-kg bags of the product shipped to the region. Revenue, however, was down 11.6% to USD 86 million.
