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Despite Economic Woes Brazil’s Agribusiness Still Booming

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – While Brazil continues to capture negative headlines in business with news of loss of investment grade, galloping inflation and deficit budget bills, in agriculture, the South American country seems to be growing by leaps and bounds. The latest data forecasts for grain and cereal production shows increases from last year’s harvest yields and the Ministry of Agriculture has just announced the opening up of new export markets for Brazilian goods.


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