Revenue from the industry in February also posted a decline compared to the same period a year earlier, ABIMAQ reported. Benchmark interest rate is still high, the industry says.
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A leading company in the Egyptian agricultural sector, Pyramids for Agro-Industries plans on starting exporting to Brazil. Its portfolio includes orange, lemon, tangerine, pomegranate, grapefruit, onions, sweet potato, strawberries, garlic, and others.
Embrapa is talking an agreement with Morocco’s National Institute for Agricultural Research. The topics of the cooperation will be genetic material, soil and fertilizer management, and the Climatic Risk Agricultural Zoning.
Chargé d’affaires of the Embassy of Libya in Brazil visited the Arab Brazilian Chamber. He wants to encourage meetings between businessmen from both countries.
Brazil shipped out 114,420 tons last month, up 17.6% over August 2017.
The forecast is from OECD-FAO. However, the report points out to a weakening in the growth of global demand and a decline in real prices.