International prices have dropped for the first time in three months. The sole exception is dairy, whose costs have gone up due to strong demand in the Middle East, North Africa, China and Russia.
Browsing: Agribusiness
Revenues from foreign sales stood at US$ 567 million in January in Brazil, down 4%. Due to the dollar hike, revenues in reals were up 12% to R$ 1.35 billion.
The Moroccan agricultural sector generates US$ 11.56 billion, aim is to reach US$ 17 billion by 2020. The government is going to lease 600,000 hectares to local and foreign investors.
A mission from Egypt is visiting slaughterhouses in Brazil until February 13. The aim is to renew exports certifications.
Study launched by the Food and Agriculture Organization shows that access to farm machinery is difficult due to the small size of properties in North Africa. Egypt is the country with most tractors in the region.
Grupo Fuga, company from the city of Marau, in the south of Brazil, produces leather and beef, among other products. They have made sporadic shipments to Egypt, but the company believes the region has great business potential.
Test used aviation kerosene and fuel made with dry algae for 45 minutes on a 777 Boeing flight between Abu Dhabi and Al Ain.
Last year Brazil exported only 1.1 million tons and this year the volume is expected to drop even further. The country’s production is lower than the demand, but Brazil exports varieties of the product without much domestic consumption.
Volume exported to the region increased by 3.7% in 2013, year in which shipments in general dropped. Saudi Arabia is still Brazil’s greatest buyer.
According to a study by the Brazilian Coffee Exporters’ Council, volume shipped to the countries in the Middle East and North Africa increased by 36% in 2013.
Foreign sales in the sector registered an increase of US$ 4.16 billion last year in relation to 2012. The soy complex represented the greatest part of the revenue and China was responsible for the increase achieved.
The Brazilian Ministry of Agriculture has opened for public consultation the new fertilizer analysis manual. It establishes criteria for controlling national and imported products sold in Brazil.
According to the UN agency, the Food Price Index in December remained ‘nearly unchanged’ in relation to November. In 2013, the index was lower than in the two previous years.
The 2013/2014 grain harvest is expected to reach 200 million tons, according to the Ministry of Agriculture. The National Supply Company had forecasted 196.7 million tons, but soy crops may help improve this volume.
