Sunday, February 17, 2013

Russia may export wheat to Brazil

An agreement on phytosanitary requirements that allow the import of wheat from Russia to Brazil will be signed by the Minister of Agriculture, Livestock and Supply, Mendes Ribeiro Filho, and the Minister of Agriculture of the Russian Federation, Nikolay Fedorov, on the 19th February in Brasília. Russian officials visit Brazil between the 18th and 20th of February.

According to the director of the Department of Plant Protection, Ministry of Agriculture, Livestock and Supply (MAPA), Cosam Coutinho, so they signed the agreement, wheat exports from Russia to Brazil will be released. "This negotiation between the two countries takes a few years now and the opening of trade to imports of wheat from Russia can supply a lack that Brazil has in relation to the product," he explained.

Coutinho also highlights that this is a good time because Brazil zeroed the rate of import wheat from any source until August 30, 2013, due to the risk of shortage in the market. This was announced during the last meeting of the Board of Trade (CAMEX), held on 05 February.

Cooperation - During the meeting of the Committee Agrarian Russia / Brazil, on February 18, also discussed the possibility of the two countries signed the protocol on cooperation for the supply of soybean meal from Brazil to Russia. This protocol is also part of the rounds of negotiations between the two countries and is in final discussion of technical talks.

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