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14.11.2013

AGRO BUSINESS EXPORTS EXCEED US$ 100 BI

Brazilian agro business exports have already exceeded US$ 100 billion over the last 12 months.

From October 2012 to September of this year, they amounted to US$ 104 billion. This sum had never been reached and exceeds the periods similar period by 7.7%, as per data from Cepea (Centre of Advanced Studies in Applied Economics).

Corn was the key factor in exports in the last 12 months, with an increase of 66% in relation to the previous period. Other important products were sugar cane ethanol with an increase of 32%; soyabeans, 28%; beef, 21%, coffee, 16% and orange juice, 11%.

Exports of soyabean oil was down 34%, while soyabean meal fell 9.5% in the period.

According to Cepea, agro business should close the year with a record in exports. Prices should not vary substantially.

Folha de Sao Paulo