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Daily Archives: April 18, 2013

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Brazil’s sugar industry propped up by government largesse

Current Farm PolicyBy Farm Policy FactsApril 18, 2013Leave a comment

by Rene Pastor To many people, Brazil’s image in the sugar and ethanol market is that of low-cost operators who used their smarts and free-market philosophies to become a top producer and exporter in the world. That, it seems, is largely spin. The reality is that Brazil’s government is subsidizing its producers, while simultaneously criticizing…

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