Bloomberg News

Brazil Corn Farmers Have Funds to Store Production

August 27, 2012

Corn farmers in Brazil, the third- largest producer of the grain, have enough funds to store production until prices increase, consulting company Celeres said.

Brazil has harvested 85 percent of the winter corn crop as of Aug. 24, Celeres said in an e-mailed report today.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at mlima11@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net


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