USA grain supply issues will likely cause the country’s meat output to decline, opening up market share for meat packer Minerva and for Brazil as a whole, especially in the Middle East.

A research by FGV for the Ministry of Tourism shows that companies in the area had revenues of R$ 51 billion in 2011. In the first half of this year, there was growth of 10%.

The country exported the equivalent of US$ 4.91 billion last week, averaging at US$ 982 million per day, and up 0.2% from the average for the first two weeks of August.

The Summit of South American-Arab Countries, to bring leaders from both regions together in Peru, in October, should also include business meetings. At the parallel event, 400 people are expected.

According to a survey of the industry by the Brazilian Ministry of Development, Industry and Foreign Trade and covering January to July, the decline in revenues was caused by lower demand and prices.

Level of Family Expectations dropped from 68.5 points to 68.2 points from June to July. The index measures perception of the population regarding the country’s economy.