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.

 

Turkey warns post-coup crackdown ‘not completed yet’

ISIS claims deadly bombing in Syria Kurdish city

Egypt has asked IMF for financial support

Shabaab says suicide bomber was ex-Somali MP

Cirque du Soleil calls off 40 shows in Turkey

Egypt top Muslim cleric denounces murder of French priest

Russia denies meddling in US election campaign

Syria regime kills 16 civilians in Aleppo assault

Killer of France priest was 'Syria obsessed time-bomb'

Netanyahu defends war record after protest by parents of dead soldiers

44 dead in double bomb blast in Syria Kurdish city

Marketplace bomb in Yemen kills 7

Kuwait jails Shiite MP for insulting Arab Gulf states

Iran presidential election set for May 2017

Bahrain tries prominent Shiite cleric

Turkey planning anti-Gulen army purge before coup

Turkey issues more arrest warrants for journalists

Israeli raid kills Hamas member said to be behind attack

Saudi condemns "in the strongest terms" deadly attack on France church

Bahrain refers 138 ‘terror’ suspects to court

Brutal attacks reignite political friction in Germany

Weakened army still faces twin challenges in Turkey

Turkey detains top generals, prominent journalists in widening purge

Hamas 'summer camp' trains dozens of young people for war

Palestinians seek to sue Britain over 1917 Balfour Declaration

UN hopes Syria peace talks can resume late August

Israeli authorities destroy 11 Palestinian homes in Jerusalem

Libya demands explanation over presence of French troops

ISIS claims attack on French church in Normandy

Erdogan accuses EU of not paying up under migrant deal

Study: Height down in some MENA countries

Iran denies presence of three Al-Qaeda operatives

Iran caps salaries in bid to end scandal

Kerry says US-Russia talks on Syria 'making progress'

Erdogan to visit Russia on August 9

More than 3,000 lost in Mediterranean in 2016

13 killed in Somalia suicide bomb attacks

Panama Papers reveal Italian bribes' paid to Algerian officials

Syria regime advances on rebels in Aleppo

Turkey detains veteran female reporter

Russia ‘far from US positions’ on Syria

ISIS claims second German attack in a week

France calls for immediate humanitarian truce in Aleppo

Dozens dead in 5 days of Yemen fighting

Arab summit in Mauritania cut to single day