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.

 

Assad, Russia press intense Aleppo assault

Saudi king unveils austerity drive

Clinton, Trump clash in fiery first presidential debate

Morocco finally adopts Amazigh as official language

Saudi petition seeks 'full' rights for women

Russia tries to strongarm US with Aleppo assault

Jordan vows crackdown on online incitement

Iran's Ahmadinejad says will not run for president

Boris Johnson dismisses Erdogan goat poem as 'trivia'

Turkey dismisses 87 spy agency staff over failed coup

Egypt recovers sunken boat, more bodies

Israel's Peres 'fighting for his life'

Bombings kill at least seventeen in Baghdad

Netanyahu chooses diplomacy in US election

Iran sets conditions for joining terror finance taskforce

Who is the destroyer of Timbuktu shrines?

Assad, Russia opt for 'total war' in Syria

Israel to charge Lieberman party officials in graft probe

Egypt detains owner of capsized migrant vessel

Countless bombings in Baghdad’s Karrada since 2003 US-led invasion

Moroccan gets death threat messages over cartoon posted by killed Jordanian

Israel prosecutor general denies going easy on PM

Iran frees Iranian-Canadian academic

Supplies dwindle, strikes intensify in Syria's Aleppo

Rebels, civilians quit Homs under deal with regime

Oman court closes national newspaper, jails three journalists

Israel-US consortium signs $10 billion gas deal with Jordan

Closure of Palestinian pages sparks Facebook censorship fears

Morocco’s main secular party takes on ruling Islamists

British FM on key visit to Turkey

Ten Turkish soldiers killed in PKK attacks

Jordanians protest over writer's murder

Moniz says Washington has met its side of Iran nuclear deal

Coalition prefers final Yemen settlement to 'short' truce

Deutsche Welle sues Turkey over confiscated interview

Palestinians condemn Trump vow on Jerusalem

Iran conservatives advise Ahmadinejad to stay out of election

Moscow slams 'unacceptable' UN statements on Syria

Yemeni forces kill suspected Qaeda chief

Bulgaria court error delays trial over Hezbollah bombing

Oil prices rise modestly ahead of OPEC meeting

Qatari official banned from AFC vote

Trump says he'll recognize Jerusalem as Israel's 'undivided' capital

US, Russia split on Syria’s Aleppo carnage

Death toll from Egypt migrant shipwreck jumps to 168