Saudi Arabia’s minister of Agriculture met with his Brazilian counterpart this weekend. The Arab country plans to increase food products imports and investments.
Browsing: Agribusiness
A Brazilian farm exported live cattle of a wide range of breeds for the first time to the country and is also setting up a bovine genetics lab with Brazilian staff to train local workforce.
Meeting organized by the Chamber at the headquarters of the Maranhense Port Management Company aimed to mobilize the state’s entrepreneurs and increase business with North Africa and Middle East countries.
According to Cecafé, the sector’s association, Arab countries bought 1.09 million coffee bags from January to October, generating USD 179.5 million in revenues.
The first harvest estimate from the Brazilian Institute of Geography and Statistics (IBGE) for next year in Brazil is 220.2 million tons, which would entail an 8.9% decline over 2017.
Members of the Brazilian Association of Zebu Breeders (ABCZ) learned in an Arab Chamber presentation that there are opportunities to expand business within the chain in the Arab countries beyond live exports.
Production in 2017 is near twice as larger as the one registered five years ago. However, the country exports only 3% of the total.
Sales of fresh and processed poultry increased in volume in October over the same month of 2016. Year-to-date, however, there’s still a slight decline.
The Food and Agriculture Organization of the United Nations (FAO) said that although good practices are in place in the country, action must be taken to reduce losses.
Business owners from the Brazilian agricultural sector will be able to offer business opportunities to investors from Abu Dhabi in an event in Brasília.
The United States Department of Agriculture indicates that Brazil will see 107 million tons in its 2017-2018 crop season, down 6.1% from the prior harvest.
Brazil’s Coffee Exporters Council (Cecafé) said foreign sales amounted to roughly 923,500 bags from January to September, while total exports from the country dipped by 10.2%.
As of September, the Brazilian Institute of Geography and Statistics’ harvest forecast moved up in September from August to 242 million tons. Planted area is seen at 61.2 million hectares.
As of September, the Brazilian Institute of Geography and Statistics’ harvest forecast moved up in September from August to 242 million tons. Planted area is seen at 61.2 million hectares.
