Browsing: Agribusiness

The decline is a result of weather conditions in Brazil during the second half of 2015 and cheap commodities. A rebound is expected starting in July, according to the exporters association Cecafé.

In the first month of this year, Brazil shipped 97,394 tons of the product abroad. Revenues dropped 13%. Egypt stepped down its imports by 14.6%.

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.

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.