News and analysis on the global poultry
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on January 9, 2012

Brazil meat industry to limit corn supplies through 2015

Brazil’s meat industry may limit corn supplies through 2015, according to a report from Rabobank analysts.

Inventories of the grain may drop to 2 million metric tons in 2015, according to the report. Rabobank said corn prices will need to average about $6.35 a bushel at ports near Paranagua to encourage farmers to produce more corn.

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