So says the Brazilian Meat Exporting Industries Association, which is expecting sales to Arab countries, the United States and China to increase.
Browsing: Agribusiness
The sector’s share in the economy stood at 21.4% last year and went up this year, according to the Brazilian Confederation of Agriculture and Livestock.
The Brazilian Animal Protein Association is expecting to ship 4.2 million tons abroad by the end of the year. In 2016, sales to new markets should fuel foreign sales.
International sales of the grain totaled USD 3.1 billion from January to October, up 13.6%. The dollar appreciation, productivity in Brazilian crops and weak domestic demand favor this increase.
After going up in October, FAO’s index that measures the cost of food commodities slid last month. The UN’s agency states that grain production in 2015 will be smaller than expected.
In November, 389,100 tons were shipped from Brazil, with revenues up 33.8% from November 2014.
Besides the announcement of investment in enhancing agricultural defense at Brazilian borders, minister Kátia Abreu launched programs this Tuesday to streamline exports and for zoo-phytosanitary emergencies.
Local farmers, a non-governmental organization and coffee company Nespresso are producing one of the first export-oriented products of the youngest country in the world: a variety of Robusta coffee.
Executives from Aldahra, UAE-based company that operates in the food trade sector, met with the minister of Agriculture, Kátia Abreu, in Abu Dhabi, and promised to visit the country.
Brazilian cattle meat exports were the year’s highest in October and are expected to keep climbing in the second half, following the announcement that Saudi Arabia will start buying again.
Kátia Abreu, minister of Agriculture, took part in ceremony celebrating the first year of the Brazilian company’s Abu Dhabi plant. It processes 70,000 tons of food.
The National Supply Company estimates an increase in the 2015/2016 crop, which should register between 208.6 million and 212.9 million tons.
Exports of the Brazilian product to Middle East and North Africa countries generated USD 175.2 million in revenues this year until October. Shipments grew less at 1%, according to the exporters’ council.
Forecast pointing to weaker crops of products such as maize raised FAO’s Food Price Index, which is surveyed monthly.
