Global Trade of Beef, Chicken, Sugar and Soy in Brazil

Salvador,

Brazil should dominate a large share of foreign trade of agricutural products over the next 10 years.  According to the study of "Brazilian Agribusiness Forecasts".  Brazilian exports of beef should represent 60.6% of the global volume up to 2018 and chicken, 89.7% against the 44.6% today.  In the case of sugar, Brazilian participation in global exports should rise from 58.4% to 74.3% in the same period, soy oil sales should rise 63% to 75% and corn from 13% to 21.4%.  These sectors have greatly increased their productivity and are generating competitive prices.  Apart from this though some countries are tending to reduce agricultural production.  It has already been announced that there should be a reduction in the next corn crop.  The US are currently the main producers of corn, therefore significant space may be opened.  This means there is great potential for Brazil and the gain should be the great booster for growth of Brazilian production.  The national grain crop should grow 2% in the next 10 years and the production of meat should rise 51%.  In more recent months the global demand for agricultural products had been rising above production.  This situation should continue with the growing urbanization, which results in lower production in the countryside in many countries.  This behavior create a good opportunity for countries like Brazil. 

Latest views

Marked as favourite