Due to higher prices, revenues from the international market increased more than the volume in the first four months. The Arab countries also bought more coffee from Brazil.
Browsing: Agribusiness
The FAO Commodity Price Index went down by 1.2% in April from March. For the rest of the year, lower costs are expected due to abundant supplies.
The Brazilian meat company saw foreign sales soar 11% in Q1 this year, but the exchange rate and US dollar debt undermined results.
The company grossed 15.1% more in the Middle East and Africa in quarter one this year. According to the Brazilian food company, the result was mostly driven by the UAE and Saudi Arabia.
Event started this Monday (27th) in São Paulo inland and brings 800 brands and is expecting more than 160,000 visitors. For the exhibition’s president, new technologies generate more revenues with fewer costs.
Foreign sales from Brazil to the region declined by 4.3% year-on-year in March. Overall, exports from the sector dropped due to lower product prices.
Arab countries imported from Brazil the amount of US$ 246.3 million in Q1, an increase of 2.22% over the same period of last year.
Brazil’s National Supply Company (Conab, in the Portuguese acronym) expects 200.7 million tons of grain to be harvested in 2014/2015, up 1.1% from last month’s forecast.
Brazilian exports to the countries of the region went up 4.7% in March over the same period of 2014. To Saudi Arabia, the amount increased 20%.
Over 3 million bags were shipped from Brazil, an all-time high for the month. Revenues reached US$ 552 million, up 24%.
The volume shipped went up 7% over the same month of last year, according to data released by ABPA. In Q1, there’s still a little decline in sales.
The commodities index calculated by the Food and Agriculture Organization of the United Nations continues to register decline in food prices due to availability and appreciated dollar.
According to statement from minister of Agriculture Kátia Abreu, the hike of interest rates within Plano Safra (Crop Plan) won’t make agricultural production unfeasible.
The 30th edition of the event will be held on 19th through 22th in Ribeirão Preto, and will have competitions and auction.
