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a week ago
The history and the present goings on in Brazil directly impact the markets. Luis Vieira, a Successful Farming freelancer from Porto Alegre, Brazil has put together this gem. Grab a cup of coffee and learn how the soybean put Brazil on the map. And, how big of a part the U.S. had in that South America country's success. It's fascinating.
What is your reaction to the full story?
Well "the earth is flat" and money flows to the greatest return and lest resistance, so "Brazil is the future and always will be". But it seems to me down there you got 5% that are rich enough to burn a wet mule and the other 95% are scraping by, what they need is a middle class and industry to build their infrastructure. Because counting on money from the bankrupt Chinese to build roads and dredge the Amazon will just help the Chinese, not enough of the money will stay there and capitalism`s future is only safe until the next election.
A lot of factors contributed into making Brazil what it is, like Mamasanto giving cheap seed, cheap chemical to get them going and we PAID for it indirectly with tech fees and high priced seed "to fund research, ya know" ..we were cutting our own throats and now Bayer caught the hot potato that Monsanto threw them. Snippet from the link:
Private companies like Monsanto started to offer a whole package of inputs, instead of doing just individual purchases, and distribution generalized all over the country,” adds Contini. A survey from Celeres consultancy from 2017 revealed that, at that time, adoption of GMO soybeans and corn reached 92% of the agricultural production in Brazil.
Monday - last edited Monday
Certainly need to give the big grain companies credit/blame for Brazil's grain output as well. Of course Brazil was shipping non-gmo soybeans to Europe for years also. Not sure how their roundup ready soybeans were labeled as non-gmo. And BA is right. The American farmer paid the bill for that and in fact, is still paying for it. Everyone down the line benefited except the USA farmer.
But hey, the American farmers feed the world right?
I think it's high time we got paid for it.
Speaking of which.
Pres. Bolsonaro made a point of visiting CIA HQ on his recent visit to the US because the CIA helped his henchmen put his opponent in jail so that he could seize the office.
Now he plans to bulldoze the rest of the Amazon and- incidentally- sharply accelerate the destruction of the planet.
And also BTW- one of his first acts was to follow the US is acknowledging Israel's capital as Jerusalem if you happen to be the least bit interested in charting the arc of evil.
Hi BA Deere,
I believe it is an overstatement to say that Brazil is formed by 5% rich and 95% poor. Of course inequality in Brazil is very high, but there already is a large middle class. One example is precisely farmers. Brazil has over 200,000 soybean growers (as one box of the story reveals). You do have rich fellows among them, like Maggi, but the vast majority of Brazilian farmers are middle class.
The developmet of the field in Brazil in the last years reverted a trend of fast urbanization. People go to the "west" to seek for better opportunities. A lot of economists say that the odds of success when you decide to open a business (say a clinic or a law firm) in a city with a lot of agricultural busines, near cotton, soybean, corn or sugarcane production, is a lot higher compared to large metropolis (Sao Paulo, Rio or Belo Horizonte).
Say what you will about The Worker's Party, the da Silva and Rousseff administrations had placed at least some modest curbs to try to protect some of the Amazon.
The CIA and Brazil's old guard probably have other priorities but The Lungs of Our Planet are fairly important.
Even to Brazilians and US Deep Staters, ultimately.
Hey Luis, thanks for your boots on the ground perspective. We here in the US hear stories from Brazil of squatters setting up a "home" in the middle of a field and nothing can be done about it, with the rich hiring their own security to handle it. Then stories of if a tractor is not running, the operator must stay with it until it`s fixed or it gets stripped of parts. And right during harvest, the port workers go on strike.
In the past a country thrives when everyone is on the same page and realizes that a "rising tide lifts all boats". If the middleclass is rising in Brazil, that is a good thing...it isn`t in the US, we have half the country that doesn`t pay income tax and wants more government benefits, so they elect politicians that pick the pockets of those that do pay more than their fair share. Our bums don`t pitch a tent in the middle of our fields, I don`t think they have the ambition, they just vote for professional thieves (also known as politicians) do their "tent pitching".
But as Benjamin Franklin accurately observed `we only have a republic so long as voters don`t figure out how to pick the taxpayer`s pocket`. And that large middleclass is needed so everyone has the benefit of a growing economy and skin in the game if public funds are wasted. Our Bretton Woods experiment of globalism, figuratively has the rest of the world pitching tents in all producer`s fields, regardless of where in the world their productive field is located.