INDIA AND AFRICA TO BECOME GRAND DESTINATIONS FOR BRAZILIAN SOYBEANS

During the Aliança da Soja in Petrolina, Pernambuco,Marcos Jank, the Insper Agro Global Center coordinator highlighted that Brazil transformed abundant natural resources into competitive and sustainable goods by using technology that aided agriculture’s tropicalization. The specialist anticipates the development of new agricultural frontiers and diversification in the shipments of Brazilian soybeans destinations. “The country has approximately 80 million agricultural hectares and 160 million hectares of pasture. Soybeans, corn, cotton, and other crops will grow in this area”, he believes. According to him, demand for Brazilian products from China, Southeast Asia, and the Middle East will remain solid, despite the country’s need to gain access to markets for meat sales. “We will have demand from India and Africa soon, which presently account for no more than 4% of Brazil’s agricultural exports. As per capita income and urbanization expand in these two destinations, they represent a great opportunity for the sale of Brazilian soybeans, for example.”

Sources: Canal Rural/Datamar News