Index measured by FAO shows a decline of 1.9% in January over December, with a drop in prices in all the commodities surveyed.
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Brazil’s crop will be smaller than expected, but even so it should reach a record volume, according to an assessment made by the secretary of Agricultural Policy of the Ministry of Agriculture, André Nassar.
Exporters association Abiec is taking 18 meat companies to the Gulfood fair in Dubai. Outside the event, two barbecues will be thrown for importers, authorities and opinion-makers in the UAE and Saudi Arabia.
In 2015, 13.15 million tons of chicken meat were produced in Brazil, a 3.58% increase over 2014.
Brazil’s National Supply Company forecasts that between 49.13 million and 51.94 million bags will be harvested in 2016. The amount will be second only to the harvest total in 2002.
Sales to the region’s countries totaled USD 218.5 million. In all, more than 1.5 million 60-kg bags were shipped.
Brazil earned USD 5.9 billion with external sales in 2015, a decline of 18% over 2014. The Egyptian market, however, expanded 8%.
National Supply Company (Conab) estimates a production of 210.5 million tons of grains in the 2015/2016 crop, with the Brazilian Institute of Geography and Statistics (IBGE) pointing to 210.7 million tons in the current calendar year.
Nearly 19,000 tons were shipped abroad from Brazil last year, up 53.5% from 2014. The United Arab Emirates was the leading buying country.
The industry grossed USD 88.22 billion in Brazil, down 8.8% from 2014. The Brazilian Ministry of Agriculture rates the performance as good for a slumping economy.
The FAO-measured price index dropped 19% in 2015. All groups of products became cheaper due to the excess of supply and global economy’s weak performance.
Sales abroad set records in 2015 when they reached 4.3 million tons. According to the Brazilian Animal Protein Association, Brazil accounts for 37% of the world’s exports.
Volume expected to be shipped on the next crop will be higher than the one exported from the 2014/2015 crop, according to industry association. But prices should remain low.
Saudi Agriculture and Livestock Co. acquired shares of the Brazilian meat plant for USD 188.4 million. Operation should boost the expansion of the Brazilian group in the Middle East.
