Upturn in Brazilian Fertilizer Demand

Credit Availability, Sharp Devaluation of Real Prompt Farmers to Buy Fertilizer

Brazilian farmers will slightly increase planting of soybeans in the upcoming 2015-16 season. (DTN file photo)
Brazilian fertilizer demand rose in July, indicating a possible late surge in orders ahead of the 2015-16 summer grain crop. Greater availability of credit and rising local prices have been key.

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