Analysis: Why Brazil, World’s Largest Soy Producer, Wants to Increase Imports

The rising dollar and firm external demand greatly increased the volume of soy exports, leaving a shortfall for domestic industry and increasing the need for imports to meet local demand.

RIO DE JANEIRO, BRAZIL - The Brazilian government has zeroed import tariffs on corn and the so-called soybean complex (grain, bran, and oil) until the first quarter next year, according to a note published on the Ministry of Economy's website on Saturday, October 17th.

According to the text, the decision . . .

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