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Brazil?, page-2

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    Time will tell and a lot will depend on how quickly a new regime can gain monetary control. Phosphate is traded in US dollars but Brazilian farmers will pay a lot more due to the weakness of the Real. On the flip side their vegie exports will be cheaper than competitors and this may offset the weakness. A lot depends on inflation levels in Brazil. If it goes crazy then investment will decline. I would think that investors in AGR, going forward, will be looking for gov support and guarantees.
 
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