According to the Brazilian Institute of Geography and Statistics (IBGE), 224.2 million tons of grains will be harvested in Brazil this year, with soy, maize and rice making up over 90% of total output.

Exports from Brazil to the Arab country were up 1.7% to USD 2.85 million in the first two months of this year. An industry spokesperson claims fluctuations in the USD dollar get in the way of business.