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Montevideo, August 18th 2018 - 02:41 UTC

Brazilian farmers optimism sky high with increasing grain prices and cheap credit

Wednesday, May 9th 2018 - 08:19 UTC

Farm equipment manufacturers in Brazil are expecting g on strong sales this year, boosted by a second straight bumper soy crop and rising grain prices, which will more than offset weakness in the sugar cane sector, they said at a major trade show. Some machinery producers are forecasting sales growth as high as 8% in 2018 as farmers’ confidence rises and record-low interest rates encourage them to borrow and invest. Read full article

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