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Brazilian beef exports revenue up 9% - Agência de Notícias Brasil-Árabe
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Brazil s June agribusiness export revenue grew 25% over last year
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Pic: Shutterstock Between March 31 and April 30, cotton prices in the Brazilian market rose by 7.5 per cent, closing at 5.1702 BRL/pound on April 30, the highest nominal level since March 8. Quotes surpassed 5 BRL per pound in late April, a level that was last observed in early March, according to the Center for Advanced Studies on Applied Economics (CEPEA).
The current prices offset the losses registered between the second fortnight of March and the first days of April, when lower demand pressed down quotes, influenced by the uncertainties caused by the new restrictive measures related to the covid-19 pandemic, the CEPEA said in its latest fortnightly report.
Brazil corn export pace in January takes it closer to Conab 2019-20 forecast
Brazil’s corn exports were at 1.2 million mt over the first 10 working days of the month, at an average daily rate of 124,320 mt, exceeding the 95,781.3 mt/day registered over January 2020, taking the country a step closer to the official export forecast for 2019-20, data released by the Foreign Trade Secretariat showed Jan. 18.
Brazil has already exported 32.5 million mt of corn since the beginning of the marketing year in February up to December, customs data showed.
Brazil’s national agricultural agency Companhia Nacional de Abastecimento or Conab has forecast Brazil’s corn exports during February 2020-January 2021 at 34.5 million mt.