An agreement signed between Unica and ApexBrasil at COP28 aims to facilitate meetings, events, and missions between Brazil and African and Asian countries. Evandro Gussi, CEO of Unica, told ANBA that ethanol is a quick, easy, and cheap solution for decarbonization.
Browsing: corn
The Egyptian government is encouraging the cultivation of crops such as soybean and maize to expand production and boost the local vegetable oil industry. Minimum price guarantees are expected to be implemented.
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.
According to CONAB’s estimate, products such as maize and wheat could have a record harvest in 2021/2022.
Easy access, abundance, and low input costs are among the factors that could improve the country’s sustainable plastic chain’s performance.
The Brazilian government published a provisional measure this Thursday (23), which withdraws the collection of PIS and COFINS on maize imports until the end of this year. Supply is down, and prices are up due to the lower harvest.
With a lower output of Brazilian maize, buyers like Egypt will need to consider alternatives to import the product. An analyst explains the possibilities for countries in the Middle East and North Africa.
The country got a revenue of USD 1 billion from exports of the product – mainly corn and rice – to the Arab world.
National Supply Company estimates 2019-2020 grain output to reach 246.4 million tons, up 18% from the previous crop.
Mato Grosso climbed from the Brazil’s sixth to third’s largest suppliers to the Arab countries. Corn, soy and beef exports were up.
The value of Brazilian agricultural production reached USD 86 billion last year, up 8.3%.
Brazil corn foreign sales hiked in August, which was driven by an increase in production. Egypt was the top destination and imported 291% more.
Sales from Brazil to the region fetched USD 892 million in July. Saudi Arabia, Egypt, and the United Arab Emirates are some of the leading buyers.
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.
