South America Calling
Alastair Stewart South America Correspondent
Wed Jan 21, 2015 08:32 AM CST

One of the big differences between producing grains in Brazil and the U.S. is the lack of comprehensive crop insurance.

That has been changing slowly over the last decade, with the percentage of Brazilian planted area covered rising from 0.1% in 2005 to 13% in 2013.

The government's policy of subsidizing 40% to 60% of premiums was vital to that growth, leading some farm leaders to dream that crop insurance could soon become the norm in riskier grain production areas.

The momentum appeared to have been maintained in 2014 when President Dilma Rousseff announced a 75% increase in the crop ...

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