Weak currency boosts Brazilian soybean meal exports
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Last Update: 2001-10-31
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Source: Internet
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Author: User
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Introduction: according to the American Soybean Association, not only Brazil's crop sales in 2001 were huge, but also those new crops (2002) began to sell well At present, these soybeans are just beginning to be planted Sales of soybeans and soybean meal have reached 3.2 million tons (by soybean meal equivalent) The continued weakness of real is at least part of the reason for the rapid progress of sales in Brazil Brazilian farmers can get more of their own currency from selling soybeans There is no sign that inflation is eating up much of the benefits farmers derive from a weak currency (author:) share to feed Weibo share to:
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