Perdue AgriBusiness announces opening of merchandising office in Brazil
SALISBURY, MD. (Thursday, Oct. 20, 2016 - Perdue AgriBusiness announces that it is opening a merchandising office in São Paulo, Brazil. The local presence of Perdue AgriBusiness associates in the region will enhance its direct sourcing of corn, soybeans and other commodities from Brazilian farmers, thereby improving the company’s ability to supply its international and U.S. customers year-round.
“Establishing a presence in Brazil enables us to engage in bi-hemispheric trading and merchandising. Brazil has become the world’s number-two soybean producer and number-three corn producer,” said Dick Willey, President, Perdue AgriBusiness. “We’ll now be able to export to our international customers year-round. We’ll have access to South American soybeans and grain when our ability to purchase domestic grain is limited. We’ve wanted to establish a direct presence in Brazil for a long time and believe that now is a good time.”
Perdue AgriBusiness is among the top U.S. grain companies and a leading exporter through its deepwater port in Chesapeake, Virginia and other U.S. ports. Approximately one-third of its sales are to export customers.
“The team we’ve put together in Brazil will strengthen Perdue AgriBusiness as a global player. They will focus on our core competencies in grain origination and trading,” added Willey.
“For more than a half century, we’ve benefitted from the interrelationship between our grain and poultry businesses, and the increased presence of Perdue AgriBusiness in Brazil will support strategic growth across our company,” said Randy Day, Chief Operating Officer, Perdue Farms.
About Perdue AgriBusiness
Perdue AgriBusiness, part of Perdue Farms, is an international agricultural products and services company. We source, merchandise and process agricultural commodities. Our diverse portfolio of products includes grains, oilseeds, soybean meal, blended feed ingredients and top-quality seed oils for food and other uses. In addition, we provide a full range of farm inputs, including seeds and fertilizers, and services from agronomy to risk management and merchandising. We help our customers and family farmers prosper with flexible, forward-thinking solutions. Our business started as a family farm, and we know our future depends upon continuously earning the trust of farmers and customers. Learn more at www.perdueagribusiness.com and www.perduefarms.com