10 August 2012

BRASIL / COMMODITIES : Record Corn But Lower Soy And Rice Harvest Predicted.

http://www.laht.com/article.asp?ArticleId=555666&CategoryId=14090

      Crop losses from continuing extreme drought in the USA...are Brasil's gain.
      It has already begun to sell corn to meat processors...and experts estimate a record crop...up 27% from 2011...to 71.5 million tons.
     However... Brasil's soy production will fall 12.2%...and rice will shrink by 14.9%.