Conab (National Supply Company) estimates that the 2014/2015 harvest will reach 202 million tons in grain production. Soybean still comes on top in both harvested volume and crop area.
Browsing: Agribusiness
The index calculated by FAO closed 2014 with a drop of 3.7%. The lone exception was the meat group, which recorded a high of 8.1%.
Brazil shipped 4.1 million tons last year, a 3% increase over 2013. It’s the largest volume ever registered. However, revenues dropped 0.2% in dollar but went up 9% in real.
The event ‘Brazil & North Africa: opportunities in agribusiness and food security’ will take place on January 29nd and 30th in São Paulo, with backing from the Arab Chamber. Registrations are open.
Ministry of Agriculture forecasts that the Gross Domestic Product of the sector will amount to as high as 23% of the national product. Livestock productivity went up while the agriculture one dropped in 2014.
The biggest sugar carrying vessel in the world landed 106 thousand tons of the product at the Jebel Ali port. The shipment owned by Bunge Brasil left Santos port in November.
Brazilian purchases of the product reached 22.4 million tons from January to November. Arab countries increased their share as suppliers.
A survey from the Brazilian Institute of Geography and Statistics (IBGE) shows that agricultural output reached 188 million tonnes last year, or US$ 86 billion.
The state of São Paulo was Brazil’s leading exporter of agribusiness products in November, according to information from the Ministry of Agriculture, Livestock and Supply.
Industry association forecasts foreign sales should fetch US$ 8 billion in 2015, as against US$ 7.3 billion in 2014. There is optimism regarding the perspective of Saudi Arabia resuming its purchases.
The data from the Brazilian Institute of Geography and Statistics points to an increase over 2013, with expectation of harvesting at 194.5 million tons of cereals, legumes and oilseeds.
Estimation comes from the Brazilian Association of Animal Protein, which also foresees improvement on sales to the Middle East and increase in Brazilian production.
Foreign sales of the product grossed US$ 594.5 million in November, at 3 million bags shipped. Sales to Arab countries have declined.
In the year’s cumulative period from January to November, shipping is down 5.8% in comparison to the same period of last year. United Arab Emirates have purchased more than in 2013.
