Wall Street Journal is gated, link here if you can access.
Main points:
China state grain trader Cofco plans world’s biggest export terminal in Brazil to substitute U.S. soybeans and other foodstuffsChina is investing in South American infrastructure to secure agricultural imports. Santos, Brazil’s main port for exports to China, is struggling with capacity and infrastructure. Brazil’s fertilizer supply issues and soil nutrient depletion pose challenges to increased crop production.I speculated earlier on this, it seems pretty obvious. What else is China gonna do?
China’s foreign minister meets Brazil counterpart in Beijing This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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