The company had 10.7% growth in net profit last year and plans to increase foreign sales to 30% of revenues by 2015. The Middle East and Africa are part of the strategy.
Browsing: Agribusiness
Company posted a net income of US$ 365.2 million. A year earlier, the meat processing group had incurred losses. However, exports to the Middle East and Africa declined.
The company should produce 150,000 cubic metres of fuel from soy at a unit in Mato Grosso. It will be supplied by small-scale producers.
OCP, in the phosphate sector, has announced the establishment of OCP Fertilizers, to trade and distribute the company’s products in the country. The organisation already operates in Brazil.
Brazilian production should total 183.4 million tonnes this year, according to the IBGE. The estimate exceeds that of January.
The volume shipped grew 3.3% and revenues rose 15.9% in comparison with the same period in 2012. In the accumulated result for the year, the shipments dropped, but revenues have grown.
Sales from Brasil to the region dropped 3.8% in January this year as against the same period in 2012. The country shipped 106,000 tonnes there last year.
Brazil should invest US$ 1.2 billion by 2014 to promote export of dairy and its products. The Development Ministry, Apex and OCB signed an agreement for such.
From March 26th to 28th, a fair brings together companies from 30 countries with products related to agricultural technology, poultry, vegetable farming, fish production, machinery and supplements.
The Ministry of Agriculture estimates the Gross Value of Agricultural Production at US$ 142 billion this year, 16% more than last year. The previous forecast was US$ 153 billion.
Technicians of the Ministry of Agriculture are going to visit countries that have been imposing restrictions to Brazilian beef since December 2012. The OIE maintains Brazil’s risk as ‘insignificant’.
The countries should sign a phytossanitary agreement to allow trade. The government of Brazil has zeroed the import tariff on the product.
The National Food Supply Company forecasts production of 185 million tonnes of grain in the 2012/2013 cycle. The IBGE, in turn, forecasts a crop of 183.3 million tonnes from January to December 2013.
Purchases from April to July will be exempted from the 10% aliquot due to fear of domestic market undersupply.
