Agricultural credit reached R$ 41.8 billion in the 2010/11 season
Brazilian farmers have hired U.S. $ 41.8 billion to finance funding, investment and marketing in the period from July to November this year. This corresponds to approximately 42% of the total $ 100 billion programmed in the Brazilian Agricultural and Livestock Plan (PAP) 2010/2011 to finance the agriculture business in this cycle.
The result is 15.3% higher than the same period in the 2009/2010 harvest, when were released R$ 36.2 billion, from the total of $ 93 billion. The evaluation of the hiring of agricultural credit, updated monthly, is held by the Monitoring Group Rural Credit, coordinated by the Secretariat of Agricultural Policy of the Ministry of Agriculture.
The applications in programs designed to fund and marketing at subsidized interest rates of 6.75% per year, reached R$ 32.1 billion. The funding granted to the National Program to Support Middle Farmer (Pronamp) totaled R$ 2.1 billion.
In the period, between the investment sources outstanded the Investment Support Program (PSI-BK), which accounted for R$ 2.6 billion for the purchase of agricultural machinery, bearing interest at 5.5% per year. The investments required resources, contracted by farmers in amounts up to $ 200,000, reached $ 2 billion.
The general coordinator of Economic Analysis, Ministry of Agriculture, Marcelo Guimaraes, said that the average monthly application during the period was R$ 8.4 billion, the largest in recent years. For him, the result indicates that the producer is having adequate access to financial resources, which will be reflected in the application of technology for training and management of the crop.
Source: Mapa with the AgribusinessWatch;
Translation by Google Translator with copy-desk by Maurício Galinkin, editor of the AgribusinessWatch.
Brazilian farmers have hired U.S. $ 41.8 billion to finance funding, investment and marketing in the period from July to November this year. This corresponds to approximately 42% of the total $ 100 billion programmed in the Brazilian Agricultural and Livestock Plan (PAP) 2010/2011 to finance the agriculture business in this cycle.
The result is 15.3% higher than the same period in the 2009/2010 harvest, when were released R$ 36.2 billion, from the total of $ 93 billion. The evaluation of the hiring of agricultural credit, updated monthly, is held by the Monitoring Group Rural Credit, coordinated by the Secretariat of Agricultural Policy of the Ministry of Agriculture.
The applications in programs designed to fund and marketing at subsidized interest rates of 6.75% per year, reached R$ 32.1 billion. The funding granted to the National Program to Support Middle Farmer (Pronamp) totaled R$ 2.1 billion.
In the period, between the investment sources outstanded the Investment Support Program (PSI-BK), which accounted for R$ 2.6 billion for the purchase of agricultural machinery, bearing interest at 5.5% per year. The investments required resources, contracted by farmers in amounts up to $ 200,000, reached $ 2 billion.
The general coordinator of Economic Analysis, Ministry of Agriculture, Marcelo Guimaraes, said that the average monthly application during the period was R$ 8.4 billion, the largest in recent years. For him, the result indicates that the producer is having adequate access to financial resources, which will be reflected in the application of technology for training and management of the crop.
Source: Mapa with the AgribusinessWatch;
Translation by Google Translator with copy-desk by Maurício Galinkin, editor of the AgribusinessWatch.
CTNBio limit access to processes and frees two maize varieties
At its last meeting this year, the Brazilian National Technical Commission on Biosafety (CTNBio), on December 16, approved the commercial release of two more genetically modified products and opened a new controversy that feeds the internal war in the early management of the future Minister of Science and Technology, the current Senator Mercadante (PT-SP).
The members of the comission approved for the first time in Brazil, the commercialization of a transgenic plant comprising a set of genes produced by two competing companies. Corn "pyramidal" created by multinationals Monsanto and Dow AgroSciences combines three different features into one product. The corn, called "MON 89034 x NK603 TC1507 x," raised a debate at the meeting, with some members questioning whether the product would serve only to prevent future lawsuits against possible intersections of these genes in the field.
"Apparently, the two competitors have tried to anticipate not suffer legal punishment that the intersection of their corn in the field could bring," said geneticist Agronomist Leonardo Melgarejo, representative of the Ministry of Agrarian Development in CTNBio.
The president of CTNBio, geneticist Edilson Paiva, defended the approval: "It is already common out there. We have 500 maize genotypes approved by our Seed Law. And 136 are already transgenics," he said.
The meeting also authorized the marketing of maize MON88017 "Monsanto's pest-resistant and tolerant to root-based agrochemicals glyphosate. ...
Enhanced secrecy
In a more controversial internal debate, CTNBio discussed the new rules on the confidentiality of the proceedings. Without submitting the changes to the plenary of the comission, MCT published Ordinance No. 979 to amend the bylaws of the commission. The text has determined that the president will decide on cases of secrecy. Moreover, the ordinance stated that the processes can only be handled by civil servants or employees of CTNBio and the company concerned.
All documents containing confidential can not be accessed. "It ruins the transparency. Before, they were only sensitive parts of the process. Now, it becomes whole process," said Leonardo Melgarejo. At the meeting, the legal adviser of the MCT, Stefanato Alessandro, said that the ordinance "may improve".
President Edilson Paiva said the ordinance will not change anything in the proceedings. "The law allows for confidentiality. We have always acknowledged that it was to share as cultivate and patent protection. And it will be just that. Only it will be confidential. Do not change anything we do," he says. ...
Source: Mauro Zanatta, Valor Economico, extract by AgribusinessWatch
Translation by Google Translator with copy-desk by Maurício Galinkin, editor of the AgribusinessWatch.
At its last meeting this year, the Brazilian National Technical Commission on Biosafety (CTNBio), on December 16, approved the commercial release of two more genetically modified products and opened a new controversy that feeds the internal war in the early management of the future Minister of Science and Technology, the current Senator Mercadante (PT-SP).
The members of the comission approved for the first time in Brazil, the commercialization of a transgenic plant comprising a set of genes produced by two competing companies. Corn "pyramidal" created by multinationals Monsanto and Dow AgroSciences combines three different features into one product. The corn, called "MON 89034 x NK603 TC1507 x," raised a debate at the meeting, with some members questioning whether the product would serve only to prevent future lawsuits against possible intersections of these genes in the field.
"Apparently, the two competitors have tried to anticipate not suffer legal punishment that the intersection of their corn in the field could bring," said geneticist Agronomist Leonardo Melgarejo, representative of the Ministry of Agrarian Development in CTNBio.
The president of CTNBio, geneticist Edilson Paiva, defended the approval: "It is already common out there. We have 500 maize genotypes approved by our Seed Law. And 136 are already transgenics," he said.
The meeting also authorized the marketing of maize MON88017 "Monsanto's pest-resistant and tolerant to root-based agrochemicals glyphosate. ...
Enhanced secrecy
In a more controversial internal debate, CTNBio discussed the new rules on the confidentiality of the proceedings. Without submitting the changes to the plenary of the comission, MCT published Ordinance No. 979 to amend the bylaws of the commission. The text has determined that the president will decide on cases of secrecy. Moreover, the ordinance stated that the processes can only be handled by civil servants or employees of CTNBio and the company concerned.
All documents containing confidential can not be accessed. "It ruins the transparency. Before, they were only sensitive parts of the process. Now, it becomes whole process," said Leonardo Melgarejo. At the meeting, the legal adviser of the MCT, Stefanato Alessandro, said that the ordinance "may improve".
President Edilson Paiva said the ordinance will not change anything in the proceedings. "The law allows for confidentiality. We have always acknowledged that it was to share as cultivate and patent protection. And it will be just that. Only it will be confidential. Do not change anything we do," he says. ...
Source: Mauro Zanatta, Valor Economico, extract by AgribusinessWatch
Translation by Google Translator with copy-desk by Maurício Galinkin, editor of the AgribusinessWatch.
Commercialization of soybeans speeds with high of price
The attractive prices of soybeans have led many producers to anticipate the marketing of oilseeds. In Rio Grande do Sul, about 15% of soybean farmers have moved ahead in sales and, in Mato Grosso, this ratio exceeds 60%.
Compared to those practiced in the months of November and December 2009, prices in 2010 are on average 15% more valuable. "Who planned the anticipated sale of soybean was able to secure good pay," says marketing consultant of Scot Consulting, Rafael Ribeiro.
Compared with the prices of Paranaguá (PR), soy is listed in the country at an average of R$ 50 to 60 kilo bag, which is considered as the highest of the year. In December, there was little fall, as normal, due to the slowdown in business due to the proximity of the season.
In the international arena, contributed to high domestic prices the fact that the grain harvest in Russia have retreated more than 30% in 2010, in addition to increased worldwide demand for soybeans. "There are buyers from China, Malaysia, Japan and Europe who seek to offset the reduction in Russia's South and North," said commercial director of the Co-op Cotrijui, Romeo Orsolin, which provides for 2011 to maintain this optimistic scenario.
The head of Cotrijui considered too early to make an estimate of the profitability that the producer can achieve with soybeans, since culture is very susceptible to weather. "You have to wait and see how the productivity of crops. Whether, in fact, you can achieve a better salary," he pondered.
The analyst of Scot Consulting remembers that the soybean market has been maintaining "steady rise" since 2008, with small fall due to the crisis and recovery after the 2009/2010 crop and current. "We had an increase of 10 million tons of grain supplies in the country, and still was not enough to bring down the prices, as domestic demand grew and imports showed good volumes this year," he said. Brazil is expected to close 2010 with exports of more than 29 million tons, 2 million more than recorded in 2009. "It will be a record-high exports."
Source: Journal of Commerce, AgribusinessWatch do the extract
Translation by Google Translator with copy-desk by Maurício Galinkin, editor of the AgribusinessWatch.
The attractive prices of soybeans have led many producers to anticipate the marketing of oilseeds. In Rio Grande do Sul, about 15% of soybean farmers have moved ahead in sales and, in Mato Grosso, this ratio exceeds 60%.
Compared to those practiced in the months of November and December 2009, prices in 2010 are on average 15% more valuable. "Who planned the anticipated sale of soybean was able to secure good pay," says marketing consultant of Scot Consulting, Rafael Ribeiro.
Compared with the prices of Paranaguá (PR), soy is listed in the country at an average of R$ 50 to 60 kilo bag, which is considered as the highest of the year. In December, there was little fall, as normal, due to the slowdown in business due to the proximity of the season.
In the international arena, contributed to high domestic prices the fact that the grain harvest in Russia have retreated more than 30% in 2010, in addition to increased worldwide demand for soybeans. "There are buyers from China, Malaysia, Japan and Europe who seek to offset the reduction in Russia's South and North," said commercial director of the Co-op Cotrijui, Romeo Orsolin, which provides for 2011 to maintain this optimistic scenario.
The head of Cotrijui considered too early to make an estimate of the profitability that the producer can achieve with soybeans, since culture is very susceptible to weather. "You have to wait and see how the productivity of crops. Whether, in fact, you can achieve a better salary," he pondered.
The analyst of Scot Consulting remembers that the soybean market has been maintaining "steady rise" since 2008, with small fall due to the crisis and recovery after the 2009/2010 crop and current. "We had an increase of 10 million tons of grain supplies in the country, and still was not enough to bring down the prices, as domestic demand grew and imports showed good volumes this year," he said. Brazil is expected to close 2010 with exports of more than 29 million tons, 2 million more than recorded in 2009. "It will be a record-high exports."
Source: Journal of Commerce, AgribusinessWatch do the extract
Translation by Google Translator with copy-desk by Maurício Galinkin, editor of the AgribusinessWatch.
Giant in commodities purchased two plants in Brazil for US$ 950 million
The Noble Group, the largest commodities trading in Asia, said on December 20 that has signed an agreement to purchase two plants of the group Brazilian sugar and alcohol Cerradinho in a deal valued at US$ 950 million.
The company, listed on the Singapore Exchange, said the two plants will increase its total milling capacity of cane to 17.5 million tons a year.
The two units purchased, located in the State of São Paulo, are strategically located within 100 kilometers of a facility at Noble, said the Asian company in a statement.
Last week, newspapers in Brazil reported that the deal was closed.
The Catanduva plant has a capacity of sugarcane crushing 4.6 million tonnes, while the Potirendaba handles 3.4 million tons per year. The combined output of two plants is expected to reach 600 million tons of sugar, 300 cubic meters of ethanol, along with an offer of more than 300 megawatt hours of electricity in Brazil.
Mergers and acquisitions in the sugar sector in Brazil have increased since the global financial crisis of 2008, which left many Brazilian plants in debt amid ambitious expansion programs.
Earlier this month, trader Glencore, a Swiss trading commodities, has bought a stake in Brazilian ethanol mill Rio Vermelho, its first investment in the cane sector.
Noble has two sugarcane mills in São Paulo, a coffee processing plant in Minas Gerais, and warehouses.
In October, the company opened a grain terminal in the port of Santos. Source: Reuters, Singapore
Translation by Google Translator with copy-desk by Maurício Galinkin, editor of the AgribusinessWatch.
The Noble Group, the largest commodities trading in Asia, said on December 20 that has signed an agreement to purchase two plants of the group Brazilian sugar and alcohol Cerradinho in a deal valued at US$ 950 million.
The company, listed on the Singapore Exchange, said the two plants will increase its total milling capacity of cane to 17.5 million tons a year.
The two units purchased, located in the State of São Paulo, are strategically located within 100 kilometers of a facility at Noble, said the Asian company in a statement.
Last week, newspapers in Brazil reported that the deal was closed.
The Catanduva plant has a capacity of sugarcane crushing 4.6 million tonnes, while the Potirendaba handles 3.4 million tons per year. The combined output of two plants is expected to reach 600 million tons of sugar, 300 cubic meters of ethanol, along with an offer of more than 300 megawatt hours of electricity in Brazil.
Mergers and acquisitions in the sugar sector in Brazil have increased since the global financial crisis of 2008, which left many Brazilian plants in debt amid ambitious expansion programs.
Earlier this month, trader Glencore, a Swiss trading commodities, has bought a stake in Brazilian ethanol mill Rio Vermelho, its first investment in the cane sector.
Noble has two sugarcane mills in São Paulo, a coffee processing plant in Minas Gerais, and warehouses.
In October, the company opened a grain terminal in the port of Santos. Source: Reuters, Singapore
Translation by Google Translator with copy-desk by Maurício Galinkin, editor of the AgribusinessWatch.