Brazil is expanding its participation in the global sorghum market and beginning to compete with the United States in a strategic segment for international grain trade. With increased domestic production and the opening of the Chinese market, the country strengthens its position among the world's leading producers and exporters of the crop.
The advance occurs in a scenario of commercial uncertainties for U.S. farmers, who face fluctuations in Chinese demand and a forecast reduction in cereal production. After gaining prominent positions in crops such as soybeans and cotton, as well as expanding its presence in the beef market, Brazil is becoming an increasingly strong competitor…
Original article by Reconecta News. Read the full report at the source →
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