The amount of beef shipped abroad from Brazil in August was the biggest since October 2013. Sales to Egypt climbed by 28%. The country was the second biggest buyer.
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The Institute of Geography and Statistics (IBGE) said 240.9 million tons will be harvested in the country this year. Despite the bigger crop than last year’s, the estimate from August is smaller than the one from July.
From January to August, exports to Arabs climbed 5% in volume, according to the Brazilian Coffee Exporters Council (CECAFÉ). The performance is opposite to general sales, which declined 9.2% in the same period.
The country’s 2017/2018 crop season begins in November and the government forecasts that production will be higher than in the past two seasons.
Volume shipped and revenue from foreign sales of chicken from Brazil picked up year-on-year, with total amount reaching the third highest mark on record.
The country’s coastal and small-scale fishing produced 742,000 tons from January to July, which amounts to USD 457 million.
Brazil’s National Supply Company (Conab) predicts a sugarcane harvest of 646.3 million tons, which is 1.7% less than in the last crop.
The country produced 3.5 million tons in the current crop, against 3.4 million in the previous cycle, according to preliminary data.
The Brazilian Ministry of Agriculture estimates that agriculture and livestock production will amount to BRL 535.4 billion this year, with grains, cotton, oranges and sugarcane as best-performing crops.
Countries in the region accounted for 22% of total foreign sales for the Brazilian meat packer from July 2016 to June this year. Sales to Saudi Arabia were up 150% in the 12 months through June 2016.
The July forecast from the Brazilian Institute of Geography and Statistics for the 2017 crop in Brazil is 0.7% higher than the one from June. The crop is seen reaching 242.1 million tons this year, up 31% from 2016.
Sales from Brazil to the region soared to USD 122 million year-on-year from January to July as shipped volume increased by 1.2%. Lebanon is the top Arab buyer of goods from Brazil.
During the current crop, USD 218 million worth of the fruit were shipped abroad from the Arab country, up nearly 20% from the prior season.
Foreign sales of soy beans should reach 64 million tons this year, according to the sector’s association. Forecast from June pointed to 63 million tons.
