The country produced 241.5 million tonnes of cereal last year, up 6.6% from 2018. In 2020, the crop is expected to reach a new historic level.
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The country got a revenue of USD 1 billion from exports of the product – mainly corn and rice – to the Arab world.
Current head of the Brazilian diplomatic representation to Bogotá, Colombia, Julio Bitelli was nominated to the embassy in Rabat. At the Arab Brazilian Chamber, he said that diversifying exports and signing the agreement with Mercosur will be his priorities.
The Brazilian Institute of Geography and Statistics (IBGE) sees 225.8 million tons being harvested in the country this year, down 0.4% from July’s estimate and 6.2% from 2017 crop numbers.
From January to July of this year, the country’s foreign purchases totaled USD 5.2 billion.
Brazil exported USD 59 billion worth of goods from January to July, an all-time high for the period.
The Brazilian Institute of Geography and Statistics (IBGE) released this Tuesday (12) its estimate from May regarding the cereal, oilseed and pulse harvest. The expected amount is down 0.8% from April.
