The cost increased from 2002 to 2013, as per a survey from the Brazilian Ministry of Agriculture, conducted with a researcher from the University of Brasília.
Browsing: Agribusiness
Sales in the region increased by 4.5% in volume and 11% in revenues, to US$ 1.6 billion. Last year, the Brazilian food company posted a total net income of US$ 763.7 million.
Authorities from North African countries and Brazilian government officials and executives discussed agricultural cooperation opportunities at a seminar in São Paulo.
The CEO of the Arab country’s Agency for Agricultural Investment Promotion, Abderrahmane Chafii, highlights fiscal incentives to projects, interest in technical cooperation and opportunities in trade.
The state was the main exporter of Brazilian agribusiness in January. Paraná, Mato Grosso, Minas Gerais and Rio Grande do Sul also are among the main export suppliers.
The Institute’s first estimation of the year calculates that crops of cereals, leguminous and oleaginous plants will reach 201.3 million tons this year.
Foreign sales of agricultural products grossed US$ 5.87 billion in January. A decline in prices of the main products sold has weighed down on revenues.
Overall exports of the product from Brazil were up 6.8%, but the volume sold to the Arab world has declined. Revenues have increased nonetheless.
The sales of the Brazilian product stood at US$ 426 million, a drop of 23% over the same month last year. For Egypt, however, shipments increased 30%, with revenues of US$ 72 million.
President of the Brazilian Association of Animal Protein (ABPA) says that oil-dependent countries imported less from Brazil last month, which affected exports performance, but he bets on a recovery throughout the year.
Good crops and cheap oil have helped bring prices down in January. Importing countries stand to gain and costs tend to remain stable throughout 2015.
The estimation released by Conab establishes that this year’s production could vary between 44 and 46 million bags.
Some 36.2 million bags of the product were shipped, a volume 14.7% larger than in 2013. Sales to Arab countries were down.
Foreign sales of the sector in 2014 in Brazil grossed US$ 96.75 billion, down 3.2% from 2013.
