Ubabef, for poultry, and Abipecs, for pork, are now extinct; their executives have formed the Brazilian Animal Protein Association (ABPA), for increased representativeness. Relations with Arabs remain the same.
Browsing: Agribusiness
Aside from the two countries, Saudi Arabia and the United Arab Emirates ranked among the 20 leading targets of the Brazilian industry in February, although their imports have declined.
Revenues from foreign sales to Arab countries declined in January. The two leading importing countries in the region, the UAE and Saudi Arabia, cut down their purchases. Overall, the top-selling product was sugar.
The country was expecting to surpass the United States in soy harvest volume, but weather issues caused the output to fall short from the target, and the Brazilian crop remains the second largest in the world.
The market’s share in total foreign sales from Brazil went from 4% in the first two months of 2013 to 5% in the same period this year. Sales to the region were up 46%.
Nearly 300,000 tonnes were exported from Brazil in January, up 3.2%. Export revenues stood at US$ 566 million, down 4.4%. The United Arab Emirates are the leading importer of eggs.’
Brazil shipped a higher volume in January to some of the region’s markets, such as Egypt, the United Arab Emirates and Algeria.
The Brazilian Development Bank and the Studies and Projects Funding Body will provide US$ 618 million to innovative business plans for the industry. The goal is to boost productivity.
The current crop should yield 90 million tonnes, exceeding the United States’ 89.4 million-tonne output.
Exporter associations and the government want to break into new markets and increase the current shipped volume by 17.7%.
Foreign sales from Brazil grossed US$ 5.87 billion in January. The decline was mostly due to maize and sugar/ethanol.
The sector’s Gross Domestic Product in Brazil should amount to US$ 430 billion, as per estimates from the Ministry of Agriculture.
Brazil’s Conab has revised down by 3.1 million tonnes the grain harvest estimate for 2013-2014. Still, the output will be an all-time high.
Brazil shipped 2.7 million bags abroad in January, up 6% from January 2013. Revenues, however, were down 27%.
