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Brazilian farmer optimism high with increasing soybean prices and cheap credit

Farm equipment manufacturers in Brazil are expecting strong sales this year, boosted by a second straight bumper soy crop and rising grain prices, which will more than offset weakness in the sugar cane sector, giving Brazilian grain farmers a new found optimism. Some machinery producers are forecasting sales growth as high as 8% in 2018 as farmers’ confidence rises and record-low interest rates encourage them to borrow and invest. “In the end, it all comes down to the price of soybeans. If that is good,…

20 years of Progress in Latin America Countries meant some are catching up with the rest of the world

20 years of Progress in Latin America Countries                   The 20-years view: Two decades of progress over the last two decades, Latin America has made significant progress in bridging the economic and social gap with more advanced economies. there has been significant improvement in living standards. 20 years ago, latin american countries were approximately somewhere in the middle on the United nations’ human Development index, whereas today the region…