Browsing: Agribusiness

The Brazilian market imported 63% more fertilizer from the region from the start of the year to late September, totalling US$ 1.3 billion. The product came mainly from Morocco, Qatar, Egypt and Tunisia.

The country had embargoed purchases of the product due to presence of the mad cow disease agent in an animal in the state. The beast, however, did not develop the disease. Liberation was in late September.

The Brazilian Institute of Geography and Statistics has lowered its estimate for this year. According to the organization, 187 million tonnes should be harvested, down 347,700 tonnes from the August forecast.