date:Jul 16, 2012
intervention and market jitters about European debt, has made easily exportable soybeans even more attractive to local farmers. At BRL2.04 per dollar, the currency has sharply depreciated from year-ago levels of BRL1.58.
There has been little question that Brazil, with its warm, wet climate and vast expanses of undeveloped land, would eventually charge past the U.S. to become the world's soybean champion in addition to the No. 1 producer and exporter of commodities such as sugar, coffee and or