NEWS
South America Calling
Alastair Stewart South America Correspondent
Wed Aug 26, 2015 10:48 AM CDT

After a slump in the first half of the year, Brazilian fertilizer deliveries surged in July, returning to levels seen in the same month last year.

And with demand remaining strong in August, the fertilizer industry is cautiously optimistic that 2015 won't be quite as bad after all.

"It remains unclear but it appears that we may be witnessing a recovery," George Wagner, chairman of the Brazilian Fertilizer Distributors Association, said during an event in Sao Paulo.

Consultants were forecasting a 5% decline in Brazilian fertilizer deliveries in 2015 as farmers cut back on inputs, but the late surge has ...

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