Global Fertilizer Outlook - 7
Alastair Stewart South America Correspondent
Mon Dec 29, 2014 09:34 AM CST

SAO PAULO, Brazil (DTN) -- The robust expansion in Brazilian grain farming will continue to drive local fertilizer demand for the next few years, necessitating a rise in imports.

Brazilian NPK demand is growing at a consistent 4% per year, double the global average, while faltering investment in domestic capacity means local production will do no more than keep pace.

"In truth, (investment) will only be sufficient to maintain imports at current percentages," said George Bonifacio e Sousa, president of the Brazilian Fertilizer Distributors' Association (ANDA) at a recent event.

Back in 2009, then-President Luiz Inacio Lula da Silva announced ...

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