Soy and Meat Lead Brazil’s Record Farm Exports

Brazzil Magazine covers

Brazil’s farm exports reached a historical high of US$ 20.2 billion in the first half of this year, an increase of 10.2% over the same period in 2004, reports the Ministry of Agriculture.

Soy continues to lead the farm export sector, with revenue of US$ 4.36 billion, even though international soy prices have fallen 20.03%.


In second place are Brazilian meats (beef, pork and poultry) with US$ 3.63 billion in export revenue, an increase of 31.56% over the same period last year.


Sugar and Brazil’s sugarcane-based ethanol fuel (which is also used as a gasoline additive) are in third place with exports of US$ 2.07 billion, an increase of 73.2%.


Other export highlights were lumber and items made of wood, paper and cellulose, and leather, skins and footwear – all segments exporting over US$ 1.5 billion each.


Also strong was coffee, US$ 1.32 billion in export revenue, up 64% over the same period in 2004.


“In spite of problems with the weather and the exchange rate, we have done well because of the diversity of our exports,” explained minister of Agriculture, Roberto Rodrigues.


Cumulatively, over the last 12 months, farm export revenue has reached US$ 40.7 billion, an increase of 14.7% over the prior 12-month period.


India


Wednesday, July 6, the ministers of Agriculture of Brazil, Roberto Rodrigues, and India, Sharad Pawar, met in Brasí­lia to discuss their experience in agriculture and sign specific agreements on the importation of zebu embryos from India (which will increase genetic diversity in Brazil) and the export of Brazilian sugar and sugarcane-based fuel and fuel additive to India.


The two ministers discussed a future trip to India by Rodrigues, which should take place in December when they will create an agriculture consultative committee.


ABr – www.radiobras.gov.br

Tags:

You May Also Like

Brazzil Magazine covers

For Brazil, US and EU Farm Subsidies Prevent WTO Agreement

Brazil's Foreign Affairs Minister, Celso Amorim, said that developed nations' agricultural subsidies and tariff ...

Brazzil Magazine covers

Brazil Farm Wants to Give the World a Taste of Quail Egg

The first egg exports by Santo Antônio Egg Farm (ASA), from the southeastern Brazilian ...

Brazzil Magazine covers

Brazil’s Eletrobrí¡s Gets Green Light to Sell Stocks in New York

Eletrobrás, Brazil's state-owned power company was licensed last Friday, September 26, by the United ...

Brazzil Magazine covers

Brazil’s Highest Court Sides With Indians Against Rice Farmers

Brazil's Supreme Federal Court (STF) has denied writs of mandamus which challenged presidential decrees ...

Brazzil Magazine covers

com.br

The number of Internet users in Brazil has surpassed the 1 million mark and ...

Brazzil Magazine covers

Brazil Fund Starts Process to Become Open-End Investment Firm

The Brazil Fund, Inc. announced that its board of directors approved the conversion of ...