Foreign sales totaled USD 910 million from January to November and caused the food trade balance to post a surplus.
Browsing: Agribusiness
Brazilian coffee exports to the Arab world reached 1.36 million bags from January to November of this year, according to coffee exporters association Cecafé. Revenues from sales to the region also improved.
The Brazilian Institute of Geography and Statistics (IBGE) forecasts a 209.3 million ton harvest of cereals, pulses and oilseeds next year. If the number proves true, the crop will be smaller than 2015’s.
So says the Brazilian Meat Exporting Industries Association, which is expecting sales to Arab countries, the United States and China to increase.
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.
