In June of this year, Brazil’s Secretariat of International Relations of the Ministry of Agriculture, Livestock, and Supply officially announced the country’s export of agribusiness during that month. Flavio Maluf, who also serves as the president of Eucatex, said that the agriculture exporting for the month was down 0.7% from the June one year prior. Nevertheless, the profit was high at $9.21 billion. This agriculture sector of the month’s exports represented 45.6% of Brazil’s total exports in this month. By far the biggest part of this sector includes soy products which included 53.5% of said exports during the month.
(These soy products include grains, meal, and oil). And the foreign trade of soybean products keeps going up, with it predicted to comprise around 72 million tons throughout the entire year. Much of this is based on the first half of the year, during which exported 46.27 million tons of it. Maluf says that the biggest foreign trader with Brazil as far as agriculture has been China in recent years. China has taken primarily soybeans and cellulose. The European Union, which includes 28 countries, has been the second largest foreign client as far as agriculture. Connect with Flavio Maluf by visiting his linkedin account.
Brazil’s Ministry of Agriculture, Livestock, and Food Supply is responsible for the management of public policies to stimulate agriculture, promotion of agribusiness, and regulation of services linked to the sector.
Flavio Maluf is one of the biggest players and influencers in the Brazilian agriculture industry. Maluf was born into an extremely wealthy and powerful family. It was while studying in the area of Mechanical Engineering at the Armando Alvares Penteado Foundation that Flavio Maluf decided to pursue a career in Eucatex, the family business instead. By 1997 he had assumed the top leadership position of the company. In addition to his position at Eucatex, Maluf also serves as president of the food producer, Grandfood.