Brazil shipped out 3.4 million bags, a 30% increase over the same month of last year. It’s the largest monthly volume since October 2015.
Browsing: Agribusiness
The country sent 7.72 million cattle to slaughter in the second quarter of this year, a 4% hike in volume over the same period of 2017.
The Brazilian Institute of Geography and Statistics (IBGE) sees 225.8 million tons being harvested in the country this year, down 0.4% from July’s estimate and 6.2% from 2017 crop numbers.
The country shipped 397,000 tons abroad, down 4.6% over the same month of 2017. However, the volume surpassed 2018’s monthly average.
Delegates from 25 Brazilian agribusiness companies and organizations will join the trip, which will last from this Friday (31) through September 8. Turkey will also be on the itinerary.
The sector generated BRL 3.5 billion (USD 880 million) last year, BRL 500 million (USD 125.70 million) more than in 2016. The country has 17,000 registered organic producers.
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%.
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.
