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.

 

Iraq protesters quit Green Zone after unprecedented breach

Yemen government suspends 'direct' talks with rebels

Russia, US in bids to freeze fighting in Syria's Aleppo

Deadly car bomb hits Turkey refugee hub near Syria border

Tight security marks world rallies to celebrate Labour Day

Up to 100 people missing in two Mediterranean shipwrecks

Aden police chief survives new assassination attempt

ISIS claims rare deadly bombings in southern Iraq

Iraq PM calls for punishment of protesters involved in violence

Yemen government forces seize Qaeda training camp

Rouhani allies win second round of Iran parliament elections

War continues in Aleppo, with US-Russia agreement

Angry protesters storm Iraq Green Zone

UN council votes to bring back full Western Sahara mission

Air strike hits clinic in rebel-held Aleppo

US, Russia 'agree freeze' on two Syrian fronts

Aleppo mourns paediatrician killed in air strike

Libya unity government vows to end jihadist 'scourge'

Turkey demands 5 years jail for UK academic over 'terror propaganda'

UK pair accused of giving money to Brussels, Paris attacks suspect

Turkey says Bursa bomber linked to PKK

UN rights chief calls Syrian crisis 'shameful realpolitik'

Kuwait steps up deportations of expat workers

South Sudan unveils unity government

Iranians vote in second round of parliamentary elections

Palestinians support, Israel opposes French peace initiative

Biden in surprise Iraq visit to support embattled government

MSF condemns strike on Aleppo hospital

Lifeline to millions in Syria 'may be broken' as violence intensifies

Turkish journalists get two years for publishing Charlie Hebdo cartoon

Greece making 'incredible effort' to tackle migration issue

Iraq shuts Al-Jazeera bureau for 'instigating violence and sectarianism'

Syria regime readies for major Aleppo offensive

Israel nuclear reactor defects spark secrecy dilemma

Suicide bomber targets Aden police chief

Death toll in Syria's Aleppo rises despite UN truce plea

Italy to introduce migrant fingerprinting at sea

UN envoy plans to hold another round of Syria peace talks

US proposes full restoration of Western Sahara mission

27 Yemeni soldiers dead in key offensive

Global press freedom drops to lowest level in 12 years

Constitutional amendment grants Jordan king more powers

Suicide bomber blows herself up in Turkey northwestern city

Austria adopts one of EU's toughest asylum laws

Netherlands warns no safety 'guarantees' for visitors to Turkey