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.
Browsing: Agribusiness
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.
Industry players will convene next August in Paraná for the Brazilian Forum of Dry Bean, Pulses and Special Crops. The event will also be joined by the Global Pulses Confederation (GPC), which is based in Dubai.
Eumar Novacki, executive secretary of Brazil’s Ministry of Agriculture, will visit the two Arab countries in September, aiming to increase market share for Brazilian agricultural products.
The Brazilian Animal Protein Association (ABPA) said the trucker strike had a major impact on the industry’s foreign sales.
The forecast is from OECD-FAO. However, the report points out to a weakening in the growth of global demand and a decline in real prices.
International sales of the product were down 12.4% year-on-year in May, the International Coffee Organization reported.
These were the second-most shipped Brazilian agribusiness products from January to May.
Shipments of the product declined in volume from January to May of this year. Revenues also declined as well as both revenues and volume in May alone. Yemen and Jordan, however, increased their purchases of the product.
Brazil’s Ministry of Agriculture has launched a development plan for the sector, which aims to increase beans exports. In 2017, the country sold 106,000 tons to foreign markets.
