• Categories
  • Archives

Out of Asia Brazil Becomes World’s Top Rice Consumer and Producer

Rice Brazilian exports of rice from March to August totaled 560,000 tons. The result is equivalent to 93% of the initial forecast of the National Food Supply Company (Conab), according to which foreign sales should total 600,000 tons of rice by February 2010. Presently, Brazil exports to 56 countries.

According to the technician for planning at the Conab, Regina Santos, the export result is very positive for the sector, because there are still six months left before the end of the business year.

"We should exceed the initial forecast. As for imports, there should be a reduction, because the estimate was that we would purchase 800,000 tons by February 2010, and up until July we have only imported 347,000 tons, which is good for Brazil," she says.

Brazil is currently the leading producer and consumer of rice in the world, not counting the Asian continent. The Brazilian product started gaining renown in the foreign market last year, when India, the third largest exporter of the grain, withdrew its product from the market in order to curb local inflation in food prices.

According to Regina, imports by Russia, the United Kingdom and Africa, the continent with the strongest demand for rice in the world, are the driving forces behind the good results in Brazilian exports of the product.

African countries are the leading destination of Brazil sales, and account for 75% of the country's exports. However, targets such as Saudi Arabia and the United Arab Emirates, to which Brazil exported for the first time this year, are starting to gain weight in Brazilian sales.

To the market advisor of the Rice Institute of the State of Rio Grande do Sul (Irga), Marco Aurélio Tavares, the performance of rice exports in the first half of the business year will be crucial for reducing surplus production in the state of Rio Grande do Sul, which should produce 7.9 million tons of the grain. Foreign sales also result in better earnings for farmers, thus encouraging new investment.

"From March to August, the United States and the Asian countries were in the period between crops, which is already over," explains the advisor. "Competition will be much more fierce from now on, but still we believe that we may export another 200,000 tons or so before the business year ends," says Tavares.

Anba

Tags:

  • Show Comments (1)

  • Forrest Allen Brown

    rice soy
    things to ponder

    rice , soy , beans , all have incresed in price in brazil by as much as 25% more in other places .

    but the coast of living has not incresed .

    your congress will not incresse the minium wage .
    while they increse there pay .

    brazil wants to feed the world while there people starve.
    brazil want to be a supper power and the expence of education fo its young

    looks like brazil is fallowing the teachings of nancy and pbo .

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Less than a Month Before Brazil Elections There’s a Tie Between Two Leading Candidates

A poll whose results were released on Wednesday, September 10, reports Brazilian President Dilma ...

Brazil Shows Its Best at German Dental Show

This year there will be almost four times as many Brazilian orthodontic equipment and ...

300 Policemen Take Over Two Rio Favelas. Operation Olympic Clean Up Starts

With the occupation initiated this Monday, November 30,  of the Pavão-Pavãozinho and Cantagalo favelas ...

Why Brazilians Should Demand the Renationalization of Petrobras

It is imperative that the Brazilian government follow a major global trend and start ...

Brazil Welcomes Bush’s Vows to Put and End to Farm Subsidies

President Bush and Brazilian President Luiz Inácio Lula da Silva have issued a joint ...

Rising Wholesale Prices Bring Brazil Its Worst Inflation in 5 Years

The Brazilian monthly inflation accelerated to its fastest pace in more than five years ...

Is the US Navy After Brazil’s Oil? Some Brazilians Think So

In a region where there are virtually no terrorist groups seeking to attack the ...

Brazilian Military Was Building A-Bomb Disobeying Constitution and President

An atomic bomb as powerful as those dropped in Hiroshima and Nagasaki, was almost ...

Should Brazil Adopt a New Currency?

The following articles were originally published by The Brasilians, the oldest Brazilian newspaper in ...

A Death in Brazil by Peter Robb

Fooling Around with Brazilian Politics and History

When Peter Robb’s book A Death in Brazil was published in 2004 I tried ...