NEWS
Brazil Logistics Headaches
Alastair Stewart South America Correspondent
Wed May 29, 2013 07:24 AM CDT

Brazil remains on course to produce a massive second corn crop and now needs to export its excess.

The big question is whether Brazil's overstretched logistics will allow it to ship the 19 million metric tons that it must to reduce pressure on the domestic market and whether the government will step in to mop up the rest, said Andre Pessoa, grains analyst at Agroconsult, a local farm consultancy.

"We should celebrate the farm sector's ability to produce a big corn crop, but logistics has made it a headache," the analyst told a conference in Sao Paulo.

Brazil will produce ...

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