Soy, Meat and Juices Give Brazil 25% Export Boost

Brazilian cattle Brazilian agribusiness exports yielded US$ 26.7 billion in the first half of this year, an increase of 25.3% compared with the same period of 2006. The segments that contributed the most to the growth were the soy complex (chaff, grain and oil), meats, fruit juices, and cereals, flours and concoctions. The data were disclosed today (06) by the Brazilian Ministry of Agriculture.

In June alone, the sector's shipments yielded more than US$ 5 billion, an increase of 19% over June last week. It was the highest amount ever exported by Brazil in any month of June, according to the Ministry.

Meats are among the highlights this year. In the last 10 months, exports in the segment surpassed US$ 10 billion, 44% of which consisted of bovine meat, 38.4% of chicken meat, 11.6% of pork meat, and the remainder, of other meats.

In the month of June alone, foreign sales of meat yielded US$ 903 million, an increase of 33% compared with the same month last year.

Exports of the soy complex totaled US$ 1.231 billion in June, as shipments of soy grain, chaff, and oil have increased.

With regard to the sugar and alcohol complex, there was a 26.3% decrease driven by sugar, whereas foreign sales of ethanol increased by 12.9%. In the accumulated result for the year, foreign sales of alcohol so far amount to US$ 698 million, a 99% increase over the first half of 2006.

Anba

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  • Show Comments (2)

  • anderson

    yeah but brazil does have ways of getting its money
    not out of resources, never out

  • ch.c.

    Interesting….BUT….ALL WRONG !!! SIMPLE !
    Since when does a country (except the USA…of course) has its accosunting in US$ ????

    Every country make its calculations in LOCAL CURRENCY…and then convert it to US$ for reference purpose ONLY.

    IT HAPPENS THAT YOUR EXPORT GROWTH IS MUCH MUCH MUCH LOWER LOWER….when done in local currency.

    The Balance of Power works very nicely, you export more in US$ but receives as counterparty a depreciating currency !

    It also happens that despite the price of grains went up sharply…in US$…..your grains farmers are still struggling.

    Yess input prices of products, such as fertilizers, pesticides, fongicides, fuel, transportation costs literally ZOOMED UP….EVEN IN
    BRAZILIAN CURRENCY.
    Just read and refer to specialized Brazilians agricultural sites or news in local medias !!!!!!!

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