Conflict and drought are causing a considerable decline in cereals output, and further deterioration of the food insecurity scenario. The wheat harvest is 52% below average.
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The Brazilian National Supply Company forecasts Brazilian production to yield 44.57 million bags. The volume will be smaller than in the previous cycles due to climatic factors.
Estimate of the Ministry of Agriculture for the rural revenue is US$ 203 bn billion this year. Calculation is based on statistics from April.
Revenues from Brazilian agricultural product exports to the region amounted to US$ 2.2 billion from January through April.
The country has decided on banning livestock products imports from the Brazilian state following the discovery of a case of mad cow disease. The occurrence is under analysis.
According to the Brazilian Institute of Geography and Statistics, the harvest volume will be higher than in 2013, mostly due to 15 products, including cotton, rice and potato.
The region’s share in the Brazilian meat company’s foreign sales increased from 17.3% to 20%. Overall, revenues from meat shipments were up 19.4%.
Sector organization Unica’s projection shows a drop of 16.94 million tonnes in the milling of the 2014/2015 crop in relation to the previous one. Drought will cause the drop in productivity.
Exports increased by 0.4% in quarter one, but revenues were 11.5% lower than in the same period last year. The exchange rate was a factor.
Brazilian production should reach 190.6 million tonnes in the current cycle. The Agriculture minister, Neri Gueller, speaks of ‘supercrops’.
Shipped volume to the region increased from 328,100 bags to 414,400 bags, according to CeCafé. The increase was 26%, higher than the general growth of foreign sales of the product.
Foreign sales of agricultural products profited almost US$ 8 billion in the last month, with an increase of 3.7%. The increase in the soybean shipment was responsible for the performance.
In 2013, 13,790 tonnes of fruit were shipped from Brazil to Middle East and North Africa countries. The industry association believes sales can increase even further.
More than a year after a case which led some countries to ban imports, the Saudi market is still shut off, and buyers are resorting to other suppliers.
