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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

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To: Cogito Ergo Sum who wrote (75522)6/23/2011 6:49:21 AM
From: elmatador2 Recommendations  Read Replies (1) of 217706
 
The lack of investment in local fertilizer output forces Brazil to import 80 percent of its annual needs, pitting local farmers against other big importers such as China for the vital crop inputs.

Local fertilizer sales are on course for a record year, but another surge in prices for crop nutrients like in 2008 could clip farmers' potential for boosting yields and output from Brazil's nutrient-poor soils.
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After transforming global agriculture by quintupling their soybean production since 1980, Brazilian farmers are now on the brink of crop breakthroughs in cotton and corn, long dominated by growers in America.

Helped by high futures prices and a sustained local agricultural boom, cotton and corn acreage is spreading fast despite being twice as capital intensive as soybean crops.
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