The commodity’s prices have declined due to a lower demand from China. Brazil’s trade balance could be impacted, and Arabs could import more.
Browsing: Supply
Speaking during a panel this Wednesday (21) on “Food Security: A strategic partnership between Brazil and the Arab Countries?” within the Economic Forum Brazil & Arab Countries, Brazilian and Arab authorities said the focus must shift away from attaining self-sufficiency in food production and towards which crops are best suited to each region.
Brazil’s Ministry of Agriculture created a group to oversee and outline strategies to cushion the impact of coronavirus on crops and supply.
Tereza Cristina will discuss the relevance of Arab countries to the industry next Monday in São Paulo.
