In an auction conducted by Brazil’s National Petroleum Agency, 99% of the commercialized volume came from producers which had the Social Fuel seal, a proof of their commitment to family farming. The auction will ensure the supply to the Brazilian market in September and October.
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Volume and revenue increased in the period due to the increase in poultry exports to large consumer markets, such as Saudi Arabia. Revenue is the highest ever for the month.
The announcement was made by CEO Mary Barra to president Dilma Rousseff, in Brasília, and the sum should go into new products and improvements in current models up until 2018.
The president of the Brazilian Electoral Court, Dias Toffoli, and the chairman of the Sudanese National Election Commission, Mukhtar Al-Assam, signed a memorandum of understanding this week in Brasília.
Sector is expected to double its share in the Brazilian GDP by 2020.
Economic Climate Index of the region, measured by the Getúlio Vargas Foundation, declined by 7% between April and July. Among the main economies, only Mexico has seen an improvement.
The increase took place in July from June. Following the end of the World Cup, the demand for financing by enterprises incrased.
Brazilian wine shipments grew by 257% at the first half of the year and the sector expects to grow even further in some markets.
The new Gross Agriculture and Livestock Production Value estimate for 2014 has been revised down by 1.18% to US$ 193.6 billion.
Sales from Brazil amounted to US$ 14.7 million year-to-date through July, and the Arab country ranked tenth on the list of leading destinations. Overall, exports declined.
During the month, the amount of debt owed by consumers in Brazil increased by 4% from June and 11% from July last year.
Brazilian agribusiness exports grossed US$ 9.61 billion in July. Year-to-date, exports are down 0.3%.
Foreign sales amounted to US$ 1.22 billion in July. Shipments to the United Arab Emirates and Egypt, the leading destinations, have increased significantly.
Watch in this episode: ‘Iraq: From its origins and in search of a destiny’, a book by ambassador Bernardo de Azevedo Brito; Brazilian Week at The Sultan Center Supermarket, in Kuwait; and a lecture about double taxation.
