Grains origination company Gavilon do Brasil could become Brazil’s largest non-traditional, “asset-light” soybean exporter to China in three years despite being a relatively new player here, a top executive said.
Reuters reports that Brazil General Manager Fabrício Mazaia said in an interview the firm could reach that goal without immediately investing in assets such as port facilities or processing plants.
Gavilon, a subsidiary of Japan’s Marubeni Corp. and an indirect subsidiary of U.S.-based Gavilon Agriculture Investment, traded in 5.36 million tonnes of agricultural commodities in fiscal 2017, mainly soybeans and corn.