Brace Yourself. Brazil is about to open the market


Take soybeans, the country’s biggest export, where U.S. futures prices hit a nine-year high in May. Land typically accounts for about a quarter of the cost for Brazilian soybean farmers, but – unlike fertilizers and pesticides, the price of global commodities tends to rise with the dollar – it doesn’t really appreciate when the real currency weakens. The same goes for spending on labor, taxes and other domestic costs. Brace Yourself. Brazil is about to open the market


Inter Reviewed is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button