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.

 

Moroccans go to polls for local, regional elections

King Salman, President Obama gloss over differences

Washington 'monitoring' reports Russian military is in Syria

Drowned Syrian boy buried as Europe grapples with 'migrant' crisis

IS jihadists blow up tower tombs at Syria's Palmyra

UN stops aid to 229,000 Syrian refugees in Jordan

Bahrain says 5 soldiers killed in southern Saudi Arabia

2,200 Austrian drivers join campaign to pick up refugees in Budapest

More than 1,000 migrants walk their way to Austria

Hungary shuts main border crossing

22 UAE soldiers killed in Yemen

At least 30 migrants feared drowned off Libya

British PM mulls help for Syrian refugees

EU ministers to meet on escalating migrant crisis

Iran submits peace plan to Syria's Assad

Father of drowned Syrian boy tells story of fatal journey

US energy firm gets tough on stalled Israel gas deal

Iran objects to Kuwait linking it to 'terror cell'

Cameron won’t accept more refugees for now

Mideast wars cause 13 million school dropouts

Turkey arrests '4 traffickers' over migrant toddler's death

Egypt sentences dozens of alleged Islamists in mass trial

Netanyahu defiant after Obama secures Iran deal support

Family of drowned child repeatedly displaced in Syria

Erdogan lashes out at EU over Med 'migrant cemetery'

Britain to Cameron: Do more for refugees!

German asylum dream for Iraqis hard to fulfill

Iran’s Basij militia puts on show of strength in Tehran

Death toll in IS Yemen mosque attack rises to 32

UN urges Lebanon parliament to elect president

Syria, Yemen conflicts on Obama-King Salman talks

Suicide bombers hit Shiite mosque in Yemen capital: witnesses

Netanyahu threatens to shoot stone-throwers

David Petraeus: Use Al-Qaeda fighters to battle IS

White House wins enough Senate support for Iran deal

12 Syrian migrants die off Turkish coast

Car bomb kills 10 in Syria regime bastion Latakia

Saudi top cleric slams Iran prophet movie

Iran police to confiscate cars of 'poorly veiled' women

Libya's Tripoli authorities undecided on joining peace talks

Lebanon protesters escalate “You Stink” campaign

Turkey transfers British reporters to new jail

Two Yemeni Red Cross staff killed

Qatar to begin enforcing key labour reform law from November

Syria war takes its toll on heritage riches