Brazilian Farmers Feeling The Pinch

Posted by Nogger - a legend in his own mind at 08:56 | Categorized as

Cash-strapped Brazilian farmers are feeling the economic pinch, cutting back on fertilisers and other inputs as loans dry up. Bunge have cut back advance payments to farmers by 70% on a year ago, and farm machinery is being repossessed as growers fail to make debt repayments.

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