Finance Minister Laaziz Faid announced that starting next year, all public banks will be able to offer credit to the local agribusiness sector. The measure aims to boost productivity.
Browsing: agribusiness
Arab countries are among the top buyers of Brazil’s agribusiness, according to the country’s National Confederation of Agriculture. The agribusiness GDP is expected to grow by 2% this year.
The federal government announced the “Rice for the People” program to promote the rice production and stockpiling in the country. The goal is to stimulate the harvest of additional 500 thousand tonnes.
IBSA Fund, which brings together India, Brazil, and South Africa, works in cooperation with the United Nations Office for South-South Cooperation in microfunding program.
Central Bank expects inflation to fall below year-on-year 7% in the second half of 2024 and continue to gradually ease.
Plant-based biofuels, a greater use of data in farms, the One Health concept applied on agriculture defense. Chicken and sugar giant Brazil navigates through all these, according to the talks held at Datagro’s GAFFFF, which aims to be the world’s largest sector festival.
The Global Agribusiness Festival takes place in São Paulo from June 27-28 aiming to be the world’s greatest stage for the agribusiness culture by bringing together panels, a business fair, gastronomy and music. Held by Datagro and presented by XP, the event is supported by the Arab-Brazilian Chamber, whose members get discount tickets.
In meetings in the Arab country, Brazil’s vice president and ministers also presented the Brazilian potential in agriculture and sustainable development.
Brazil exported beef for USD 4,800 a tonne in May, down from USD 6,000 a year earlier. The decline was reflected in the export revenue.
‘Innovative solutions for agribusiness, such as irrigation and seed improvement, are likely to interest Arabs,’ explained an Arab Brazilian Chamber analyst at Show Rural Coopavel 2023.
The country has invested in planting the crop conjoined with soybean. With estimates for a record harvest, specialists believe Brazilian producers will keep the buyers won over the last two years.
IBGE estimates that the 2023 cereal, legume and oilseed crop could increase by 12.6%. Soybean production is the main highlight.
Purchases of agriculture and livestock products from Brazil by the Middle East increased in November, just as exports to Africa, by 39.2%.
Brazil’s Ministry of Agriculture created a working group to implement the Brazilian Observatory for Women in Agriculture, which will put forward public policy proposals to reinforce the female presence in rural areas.
