Brazil Moves to Cut Its Fertilizer Import Dependence

BRAZIL · AGRIBUSINESS Key Facts —The bill: The Chamber approved PL 699/2023, creating the Profert program to build up Brazil’s domestic fertilizer industry. —The dependence: Brazil imports about 85 percent of its fertilizers, among the largest import volumes in the world. —Emergency credit: A 2026 financial credit capped at R$1 billion (about US$199 million) is […] The post Brazil Moves to Cut Its Fertilizer Import Dependence appeared first on The Rio Times .

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