Commodities Shuttle: Anticipation of fertilizer imports relieves second half

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The fertilizer industries reacted quickly in the face of reduced supply and global difficulties in purchasing the product this year.

Last month’s volume, totaling 4.1 million tons, was a record for this period of the year and surpassed by 58% that of the same month in 2021.

To meet the internal need, Brazil sought this input in 44 countries. In 21 of them, the imported volume of each one exceeded 40 thousand tons.

In all the main suppliers there was a very large increase in Brazilian purchases. Russia led the supply in May, exporting 1.07 million tonnes, 77% more than in the same period of the previous year. In the first five months, imports from Russia by Brazil already total 3.48 million tons, worth US$ 2.5 billion.

As in the Russian market, imports from Canada, Morocco and the United States increased by more than 60%. Even Venezuela started to supply more to Brazil.

By increasing the volume imported in these first five months, the country reduces the pressure of purchases in the second half of the year. When adding 15.2 million tons from January to May, the industries have already brought to the country a volume close to that of the first half of 2021.

In the second half of last year, 24.9 million tons were imported. This year’s volume for the second half should not be much different.

In addition to the anticipation of purchases at the beginning of the year, the crop area will not have as fast a pace as in recent years, and producers, due to high prices, should reduce the demand for this input.

China, which has been reducing the supply of fertilizer to Brazil in the last two months, exported 1.9 million tons from January to May, a volume 19% above the same period last year.

The Russians, despite the increase in May, delivered only 6% more fertilizers to Brazilian industries this year.

According to information from international analysts, Russian world exports of fertilizers have fallen by 24% this year, due to the war with Ukraine.

Beef Exports from January to May totaled 887 thousand tons and generated US$ 5.1 billion, according to Abiec (Brazilian Association of Meat Exporting Industries), based on data from Secex.

beef 2 Export volume grew 25%, but revenues increased 56%. This evolution is due to the average prices of the period, which had a high of 25%, according to Abiec.

poultry Chicken meat exports, which totaled 430,000 tonnes last month, reach 1.99 million tonnes in the year. Accumulated revenues total US$ 3.8 billion.

Poultry 2 While the volume increased 8%, revenues rose 34% in the period, according to ABPA (Brazilian Association of Animal Protein). As with beef, the average increase in the value of the ton pulled the sector’s revenue.

Wheat The planting reaches 69% of the area that will be destined to the cereal in Paraná. According to Deral (Department of Rural Economy), 97% of the crops are in good condition.

go up again The ton of wheat was R$ 2,191 in Paraná this Tuesday (14), 2.5% more than at the end of last month, according to data from Cepea (Center for Advanced Studies in Applied Economics).

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