Brazilian livestock sector fears grain shortage

The Brazilian government attempts to calm down the livestock sector, which has been asking for tax cuts on grain imports. The Brazilian livestock sector fear that there will be a shortage of corn and soybeans due to high prices and speculative behaviour on the part of grain producers. This is a peculiar situation seeing as this year, Brazil expects its largest ever grain production, amounting to approximately 271 million tonnes. Although corn prices have recently fallen a little on the intern