Coffee Exports Brings US$ 9.4 Billion to Brazil in 4 Years

According to data just released by the Brazilian Ministry of Agriculture, Livestock and Supply, Brazil produced 143.6 million bags of coffee from 2003 to 2006. From that total, 103.1 million were exported, generating a US$ 9.4 billion revenue in the period.

According to a government official, the budget of the Coffee Economy Defense Fund (Funcafé) was US$ 1.9 billion between 2003 and 2006, of which US$ 7.6 million went into advertising and US$ 15.5 million went into research. The funds of Funcafé invested in research included the genome sequencing work developed by Embrapa.

"The sequencing will allow for Embrapa to detect, for example, the strengths of different varieties of coffee regarding their resistance to drought, to plagues and diseases, their flavor, aroma, and productivity," explained Costa Lima. The information was supplied by the Ministry of Agriculture.

Brazil should produce 41.6 million 60 kg bags of coffee this year, according to a study by the National Food Supply Company (Conab). The volume represents growth of 26.2%, or 8.6 million bags more than in the previous harvest, which totaled 32.94 million bags.

On the other hand, a research by the Federal University of Minas Gerais shows that coffee may be a source for production of biodiesel, according to information published earlier this year. Biodiesel may be produced from coffee oil, made from damaged coffee grains, which are not used for human consumption.

Tags:

You May Also Like

Price of Basic Food Falls in Brazil

In June the cost of a basket of basic necessity goods (cesta básica) in ...

Mergers and Acquisitions Fall 21% in Brazil

There were a total of 66 mergers and acquisitions in Brazil, in July, according ...

Brazil Exports Reach US$ 84 Billion, 23% More than Last Year

Brazil’s trade balance surplus last week was of US$ 858 million, result of exports ...

Aedes aegypti, the mosquito that transmits dengue

A Nasty Season of Dengue in Brazil, Argentina and Paraguay

In southern Brazil an estimated 45.000 cases of dengue have been announced. Argentina, on ...

Brazil’s Tropical Flower Growers Hopeful to Get European Clients Back

Twenty tropical flower growers from the state of Alagoas want to start exporting again ...

Brazil Has a US$ 19 Billion Surplus with US$ 52 Billion in Exports

According to Brazil’s Ministry of Development, Industry and Foreign Trade, the week of June ...

Brazil’s Chief Justice Robbed in Rio by Heavy-Armed Gunmen

All the security apparatus the Brazilian federal government uses to protect its highest authorities ...

Petrosul, the Brazil-Argentina-Venezuela Joint Venture

The presidents of Argentina, Brazil, and Venezuela signed this yesterday a cooperation agreement in ...

Brazil and Neighbors Warned by US to Think Twice Before Embracing Ahmadinejad

Hillary Clinton, the US Secretary of State, urged Latin American countries on Friday to ...

After Miami and New York, Brazil’s TAM Will Fly Daily to London

Brazil’s largest airline company, TAM S.A., was granted official authorization from the Brazilian National ...