First Published: 2012-10-28

 

Brazilian import-export company expands corn exports to Middle East

 

Egypt increases purchases of maize by 899.4%, from 90,310 tons in 2011 to 902,550 tons in 2012, according to Scot Consultoria.

 

Middle East Online

Brazil to export record 39 million tons of soybeans in 2013

RIO DE JANEIRO (Brazil) - BrazArtis, an import-export company based in Rio de Janeiro, Brazil, is set to expand its soybean and corn exports to the Middle East, an endeavour that is aligned with the growing Brazilian grain harvest and exports.

Driven by soybean and corn production, Brazilian grain harvest is estimated to exceed 180 million tons from 170 million last year. The soybean harvest alone for 2012/13 is set to increase by 20% and reach 81 million tons, from 66 million last year. Ranked as the second agricultural commodity export from Brazil, maize production is set to increase by 7% from 66 million tons to 70 million tons.

In the period of January to August of this year, Egypt has increased its purchases of maize by 899.4%, from 90,310 tons in 2011 to 902,550 tons in 2012, according to Scot Consultoria. Saudi Arabia has increased its purchases of corn from 159,770 to 402,190 tons in the same period, an increase of 151.7%.

Jan Dabrowa, Business Development Director at BrazArtis, said, "The value of the Brazilian agribusiness has reached a peak, and it is set to reach $100bn in 2012. Current exports of oilseeds are being fuelled by changing market dynamics that have set the stage for another successful harvest in 2013. In light of the decreased exports by Argentina and unfavorable weather conditions that affected the US crops, Brazil took up a leadership role as one of the main producer and exporter of soybeans and corn."

On another hand, corn exports to Iran decreased by 26.9% from 951,890 to 695,620 metric tons, but the country still stands as one of the leading importers of Brazilian corn in the Region.

The exports of soybeans in 2012 are set to reach 17.5 million tons, a 20% boost from 2011. In 2013, a provision for 10% increase in planting and 11% improvement in average productivity should result in 27.5 million acres planted and potential harvest of 81 million tons of grain. Approximately 48% of the total production, equivalent to 39 million tons of oilseed will be destined for export.

It is projected by the Brazilian Ministry of Agriculture that the agribusiness exports will reach a record of $100bn in 2012. In 2010 Brazilian agricultural exports surpassed $76.4bn worldwide, an 18% increase from 2009. They attained a new record in 2011 by totaling $94.59bn, 24% higher than in 2010.

Brazil's exports span across the whole GCC region including KSA, UAE, Qatar, Jordan, Bahrain, Kuwait, Lebanon, Syria and Oman.

 

Gaza civilian toll spiralling to above 800

Hezbollah chief speaks out on Gaza

Sadly no survivors on Air Algerie flight crash

Two rival Islamic states in Syria power struggle

Ordeal of ‘apostasy’ woman ends with departure from Sudan

Crete protest against Syria chemicals destruction in Mediterranean

74 killed in IS assault on Syria regime territory

Iran confirms arrest of Washington Post correspondent

Somali 'Shebab commanders' killed in AU offensive

Paris: survivors of Air Algerie jet crash 'unlikely'

Jordan shots down drone near Syria border

UN urges Europe to tackle Mediterranean migrant crisis

From Israel with ‘virus’: Death threat letter reaches Palestinian mission in France

Another bloody day as Israel targets civilians in UN-run school

‘Islamic State’ launches multiple attacks on Syria army

Attack on Egypt army post bears fingerprints of foreign intelligence

Harassment of Christians escalates in Islamist-run Sudan

Air Algerie plane goes missing over Mali

Algeria plane with many French nationals on board vanishes over Mali

Iraqi protesters denounce treatment of minority Christians

Iraq elects Kurdish politician as federal president

Russia begins supplying military equipment to Iraq

Air Algerie plane contact lost over west Africa

South Sudan warring sides to resume peace talks

Baghdad closer to breaking political limbo

Spectacular attack on Iraq prisoner convoy

Gaza death toll passes 700 mark

Mladenov pleads for UN help to end IS 'atrocities' in Iraq

Hamas hails suspension of Israel flights as 'great victory'

Lebanon army records first case of desertion to join Syria Nusra Front

Iraq gunmen kill female former candidate for parliament

Kerry cites ‘some steps forward’ in Gaza truce efforts

Turkey hunts for nine intelligence officers in wire-tapping probe

Suspension of hostilities in Gaza to allow medical assistance

Assassination of famed Somali musician and lawmaker

Sisi defends Egypt in trying to broker Gaza truce

Syria welcomes nomination of Staffan de Mistura as new UN envoy

Iraq lawmakers stall presidential election as violence yields grim crop of bodies

Yemen president calls for unity

Etihad helps Jet Airways return to profit

Is Tunisia returning to old regime censorship?

Qatar emir in unannounced visit to Saudi

HRW: Iraq air strikes wreaking awful toll on civilians

Kuwait revokes pro-opposition TV, newspaper licences

Twin suicide bombing shakes Libya's Benghazi