SAO PAULO (Reuters) – Deliveries of fertilizers in Brazil should reach a record 43.8 million tons in 2021, an increase of 8% compared to last year, estimated on Tuesday the consultancy StoneX.
With the heated agricultural market, the consultancy raised its projection. In April, the company projected 42.3 million tons.
According to the consultancy’s presentation, despite the expectation of a record demand, it is still a “conservative” delivery projection, which may be revised again, since imports are 12% higher from January to August.
Brazil imports a large part of its fertilizer consumption.
With an eye on the second corn crop, Brazilian producers have already acquired 39% of their fertilizer requirements for the first half of 2022, according to a StoneX survey, relatively in line with the history for the period.
(By Roberto Machel)
See too
+ Until 2019, there were more people in prisons than on the Brazilian stock exchange
+ Aloe gel in the drink: see the benefits
+ Lemon-squeezing trick becomes a craze on social media
+ Chef playmate creates aphrodisiac recipe for Orgasm Day
+ Mercedes-Benz Sprinter wins motorhome version
+ Anorexia, an eating disorder that can lead to death
+ US agency warns: never wash raw chicken meat
+ Yasmin Brunet breaks the silence
+ Shark is captured in MA with the remains of youngsters missing in the stomach
+ See how much it costs to eat at the MasterChef judges’ restaurants
+ Auction of cars and motorcycles from Kombi to Nissan Frontier 0km