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Bloomberg’s ‘Deadly Brew’ Report Infuriates Brazil’s Sugarcane Industry

Presidents Bush and Lula look at sugarcane For UNICA, the Brazilian Sugarcane Industry Association, a report aired on Bloomberg Television on January 24 called "Deadly Brew" is a misleading piece and an out-of-context representation of today's Brazilian sugar and ethanol industry.

Marcos Jank, UNICA's president and CEO lambasted the TV presentation: "The report relies on isolated incidents, flawed data and unsubstantiated allegations. Not surprisingly, it arrives at unbalanced and inappropriate conclusions that bear no resemblance to the industry as it is today."

The report is seriously out-of-date according to Jank, as it not only omits wide-ranging advances in labor conditions and relations between workers and employers, but also chooses to portray industry efforts to introduce mechanization and end the manual harvest in a gradual and orderly manner as a problem and not a solution. At the same time, the report strives to criticize the manual harvest itself.

"Bloomberg appears more interested in showing impressive footage of a fire burning in the night than explaining that this is how straw is cleared virtually wherever sugarcane is harvested in the world," says Jank.

The fact that close to 40% of the Brazilian harvest is already mechanized is not even mentioned, says UNICA, while signed agreements between the industry and labor unions that have brought significant improvements to worker transportation, transparency in payment methods and protective equipment standards were equally ignored.

And while nobody in the industry will argue that problems still exist, the organization says, they must be put in the right context, something the Bloomberg report fails to do as it focuses on examples far removed from the accepted norm in the Brazilian sugar and ethanol industry, in a clear attempt to imply that exceptions reflect the entire industry.

The Brazilian Sugarcane Industry Association represents the top producers of sugar and ethanol in the country's South-Central region, especially the state of São Paulo, which accounts for 60% of the country's total production.

Along with its 101 member companies, UNICA develops position papers, statistics and specific research in support of Brazil's sugar, ethanol and bioelectricity sectors. Its membership accounts for about 50% of Brazil's sugarcane harvest.

According to UNICA, in 2007, Brazil produced 425 million metric tons of sugarcane, which yielded 29.8 million tons of sugar and 17.7 billion liters of ethanol.

UNICA presents a list of what they call misrepresentations in the Bloomberg report:

"The completely unsubstantiated statement that conditions have
deteriorated while ethanol has expanded. For example, close to 95% of all field workers involved with UNICA member companies are documented workers, with labor and social security benefits, which puts the sector ahead of nearly all others in the Brazilian economy in that respect. On average, workers are paid about double the current Brazilian minimum wage, which places them among the best paid in Brazilian agriculture;

"The report portrays all cane cutters as migrant workers from lower income regions in the country, which is not the case anywhere in Brazil. Most cane cutters are from the area where they work;

"There are close to one million workers in the industry throughout Brazil, not 500,000 as the report says. About 400,000 are cane cutters. In the state of São Paulo, the heart of the industry and base of UNICA's membership, there are 189,000 cane cutters, of whom 40% are migrant workers from other states;

"There is no minimum amount a cane cutter must produce per day. Cutters are guaranteed a minimum daily fee regardless of how much they cut, and the final amount paid to each cutter is based on a pre-negotiated amount per ton;

"Numbers without context may sound impressive in political campaigns but don't amount to credible journalism, and are often used to distort viewers' impressions. The report mentions accident numbers that appear high but are outdated, and doesn't refer to the latest Labor Ministry statistics showing accidents in the sugar and ethanol industry falling from 11,000 in 1999 to 8,000 in 2005, even as the number of workers has grown;

The report also mentions an outdated death total, ignoring the latest available Labor Ministry figures, which show that in 2005, 17 workers died on the job or while being transported to their work locations. That represents 0.004% of 414,000 cane cutters throughout Brazil;

"It should be noted that contrary to what the Bloomberg report implies on several occasions, there is not a single case where the death of a field worker from the sugar and ethanol sector in Brazil has been officially linked to the type of work done;

"There is no provision in the Brazil-U.S. Ethanol agreement signed in 2007 that "ensures Brazil will be a major beneficiary" of ethanol exports to the United States. Not only is there no such clause or guarantee in that document, as stated in the Bloomberg report, but current import tariffs in the U.S. strongly discourage importing ethanol from Brazil;

"There is no such thing as a "razor-sharp stalk" as mentioned in the report – what's razor-sharp is the straw that's burned so cutters can begin the harvest. In fact, burning the straw is called for in collective agreements between workers and employers. If the straw isn't cleared, the cutter cannot do the job.

UNICA goes on to say:

"The Brazilian Sugarcane Industry finds it unacceptable that a global organization like Bloomberg, established in Brazil for several years with a large team of journalists, chose to produce such a distorted view of a highly successful sector of the Brazilian economy, which Bloomberg professionals cover and do business with on a daily basis.

"There is no reasonable explanation for phrases like 'cars run on human blood' or 'Brazil entering its industrial revolution' finding their way into a report produced by Bloomberg, leaving the impression that its professionals are not aware of what goes on in Brazil, including its current stage of industrialization.

"In fact, Bloomberg professionals cover Brazil every day, and routinely file stories that clash directly and quite blatantly with much of what's in the 'Deadly Brew' report," Jank concludes.

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  • Show Comments (24)

  • forrest allen brown

    OC sower grapes & oranges
    at least they are caught and charged
    in brasil they just forgive them and they arte off to another crime on there own people .

    look at the header brasilians politicians ready to cash in on oil of brasil .
    you think that means they will spend more money on schools for the poor , nananana
    raise the minium wage , nanananana
    build the inturstura brasil needs to become a 1 world country , nananananan

    they will just put it in there pockets , run it through one of the banks wash it up and spend the money on themselves .

    and no most of the drug money is kept out of columbia thies days , chaves is the one that is making a killing on drugs and money .

    i would not say the columbia is at lower economic level there schools are better than brasils ,
    have better hospitals , roads , air services , a cleaner government ,
    and enforce there eco laws

  • O Conselheiro

    Columbia is a different matter.
    Apples and oranges.
    Columbia is also coming up from a lower economic level, so it’s natural that it has a higher growth rate.
    It’s playing catch-up. China/India are also coming from a lower level.
    Besides, a lot of the underperformance in Brasil’s growth, if you want to call it that (I don’t), is due to tight credit (ie. high interest rates). But this is good, cause it keeps inflation down, and South American countries are notorious for going
    through episodes of hyper-inflation. Just ask Argentina.
    One other thing about Columbia: how much of its GDP growth is due to narco growing / trafficing? Substantial, I’ll bet.
    Of course sales of narcotics are not directly included in GDP stats, but the downstream effects of purchases of autos and other goods and services provided by drug money are included.
    As for the Brazilian good ol boys, I don’t know how that’s relevant to this topic.
    Every country has a network of rich elites who help each other out with information and favors.
    Just look at how many people have been charged with insider trading in the U.S. over the years.
    And these are just the ones who were caught.

  • forrest allen brown

    what is wrong with the 8% columbia has been doing for 8 years
    OC
    you did not bring the good old boys that run brasil

    then that know people who know people that dont have to pay
    just call a old friend and get things done .

    for get the laws just help out to get something later on in life

    and who cares who it hurts , or who it kills , and what natives loose there land

    and so what if we dont pass the minium wage law this year again

    they dont know as they cant read or write because we took the money from the schools
    to buy us new planes , and limos

  • O Conselheiro

    [b][i]”But I wish the Brazilian government could find a balance and share the wealth (which is immense) with everyone. “[/i][/b]

    Shelley, your constant re-iteration of “sharing of wealth” sounds a lot like enforced re-distribution of wealth. You know, like Socialism.(i.e. Communism). And we all saw what a great success that’s been all over the world for the past 100 years or so, can’t we?
    There are no easy solutions for the wealth inequalities in Brasil, because it is based on structural problems and large disparities in Brasil’s human resources. There are the well-to-do who have the education, skills, motivation, and entrepreneurial ability to get things done and create wealth, and the rest who don’t have what it takes.
    Brasil does not have an ethnically homogenous population like South Korea, for example, where those people’s skills and abilities are much more closer, so that when their economy grows, a lot more people benefit.
    The best thing Brasil can do at the moment is just to let things go as they are right now. A steady 5% growth is very good. Most developed western nations could only wish they had that growth rate at the moment. An 8% -10% rate like China/India would be too much, and could perpetuate the old boom/bust cycle Brasil was so afflicted with in the past, not to mention stoking inflation. And since Brasil’s population growth is much lower than 5%, unemployment will continue to diminish, and labor demand will eventually push up wages. But it will not happen tomorrow, or next year. It is just going to take time.

  • Bo needs enema
    Bo… wrote

    Blame the illegals on our economy woes?? Where have you ever seen that??

    The Chinese?? LOL. How could we blame the Chinese? They’re neck-high in dollar bills!!

    Just watch Lou Dobbs on CNN nightly… He blames the illegals, Chinese, Mexico, India… He hasn’t got to Brasil yet!

    Costa

  • O Conselheiro

    Bo needs to pay attention
    [b][i]”Because Bloomberg wrote an article on the way sugarcane is harvested in Brazil??”[/i][/b]

    Did you even bother to read the article, Bo? The Bloomberg article was obviously a complete smear job.
    Bo, you seriously need to work on you reading comprehension, Bro.
    Or maybe just remove your star-spangled reading glasses before you do.

  • forrest allen brown

    where is ibama and the tax man
    Federal government land
    The land reform agency says the land actually belongs to the federal government, but now that the miners are here, there’s talk of compromise À¢€” authorities say they will permit pressure hoses, rock crushers and other machinery if miners police themselves and stick to an environmental protection plan.

    But da Silva, the man who claims to own the whole area, says he’s working on exactly that.

    “This place has a great future. There are other minerals here besides gold. We have to get organized to exploit it,” he said.

    Story continues below À¢” “
    ——————————————————————————–
    advertisement

    ——————————————————————————–

    Off the record, many miners talk of threats and intimidation that ensure they pay da Silva’s 8 percent cut. Da Silva denies it and says he has his own share of headaches and unseen costs.

    So far, the federal government and most miners seem content to leave him in charge, if only to provide some order.

    Meanwhile, prospectors travel up and down the river and deeper into the jungle looking for “fofocas” À¢€” new finds.

    Hoping for more finds
    “There’s gold here for sure, the problem is finding an area to work. Every spot has three or four owners now. I’m just waiting for a new fofoca and I’ll be right in the middle of it,” said Jose Francisco Mendes dos Santos, who came from the neighboring state of Rondonia. “A prospector’s motto is hope, and his friend is luck.”

    Gilmar Predebon reckons his gold store in Apui buys about 70 ounces of gold a day and molds them into gold ingots. He figures the mines generate between 200 and 230 ounces a day overall À¢€” “a good amount of gold but nowhere near as much as you’d expect, considering all the talk.”

    Gold is fetching around $650 an ounce on world markets.

    Mayor Longo thinks his city of 20,000 would be better off without the mine: “Sure, it’s been good for the merchants but we have major health problems. Before the garimpo, we had malaria mostly under control here; now it’s a huge problem again.”

    Others say the garimpo has improved things.

    “This was a door God opened for Apui. Today the city has grown fivefold and people are flooding in from every corner of the country,” said Antonio Carlos Santos, who quit his policeman job to work the mines.

  • forrest allen brown

    AND HOW DID THIS MAN OWN THE PLACE
    $19,000 in 17 days
    Azedo said he has panned some 70 ounces of gold worth a total of $19,000 since arriving 17 days ago, including 17 ounces in a single day.

    Half the proceeds went to the man who staked out his plot, and 8 percent more to Jose Ferreira da Silva Filho, who claims to own the entire “garimpo,” or wildcat mine.

    Already, too many people are chasing too little gold and there isn’t enough space for all the miners at the eight main digging sites.

    Price-gouging (chain saws costing around $400 in gold) is rampant and malaria is spreading in the makeshift city, nicknamed Eldorado do Juma after the Amazon’s mythical Eldorado, or city of gold. It already has bars, restaurants, barbershops, bakeries, equipment shops and jewelry stores, most of them constructed out of tree branches and tarps. A 16-room brothel is under construction.

    Federal police armed with automatic weapons arrived last month, imposing a nightly curfew and cracking down on shootings but making it harder to get rich quick.

    “Luckily, we caught it right at the beginning. It is a concern for everyone … that this doesn’t become another Serra Pelada,” said Walter Arcoverde of the National Department of Mineral Production.

    Internet impression
    Local people had been mining this area of the jungle state of Amazonas in relative peace until Ivani Valentin da Silva, a math teacher in Apui, posted their pictures and stories on the Internet, at http://www.portalapui.com.br, said Antonio Roque Longo, the mayor of Apui.

    “Perhaps he didn’t have any idea of the impact it would have,” said Longo. “People see this on the Internet and they think they’re going to do the same thing. But the truth is, for every one person who strikes it rich there are 30 who go home penniless.”

    Da Silva said he clearly wrote that the gold would soon run out.

    “Unfortunately, no one read the article,” he said, denying any responsibility for the environmental damage being done by the thousands of fortune-seekers. His Internet posting forced federal police to pay attention, he said, and without that, “the area would be totally devastated.”

    Government geologists are trying to measure the deposits, while environmental regulators struggle to prevent miners from using heavy equipment or mercury, which joins gold particles together but can ruin the rivers. The fear is that like Serra Pelada, Eldorado do Juma will end up a scarred wasteland.

    Already, small rivers of mud gush from streambeds at night, suggesting that heavy-duty water jets are being used illegally, despite promises to wait for permits.

    “Most of the gold that can be mined manually has already been found, but if they start using heavy machinery this place is going to explode all over again,” said Luiz Gonzaga da Conceicao, a miner from Brazil’s far west.

  • forrest allen brown

    GREED OR NOT
    ELDORADO DO JUMA, Brazil – It’s a gold rush in the Amazon jungle, driven by the Internet. Speeding past unbroken walls of foliage, a motorboat packed with gritty prospectors veers toward the shore of the Juma River and spills its passengers into a city of black plastic lean-tos veiled by greasy smoke. All around them are newly dug pits, felled trees, misery and tales of striking it rich. This is Eldorado do Juma, scene of Brazil’s biggest gold rush in more than 20 years.

    Drawn by a Brazilian math teacher’s Web site that describes miners scooping up thousands of dollars in gold, between 3,000 and 10,000 people have poured in since December, cutting down huge trees, diverting streams and digging ever-deeper wildcat mines, in an area that only months ago was pristine rain forest.

    Hundreds of mud-covered men with picks and shovels hack at the earth, marking their tiny plots with tree branches and string. Others feed dirt into wooden troughs and the residue into pans. A lucky few will end up with tiny nuggets and flakes of gold to sell for $530 an ounce in the town of Apui, about 50 miles north.

  • bo

    [quote]Bo, the fact that a lot of people are going hungry in Brazil, doesn’t mean that we have to stop growing as a country. In fact, the US has a lot of people without a home and going hungry right here in the Capital.[/quote]

    come on now shelley, are you going to try and compare america with Brazil and other third world nations? Doesn’t it seem a little strange to you that an ILLEGAL person can arrive in the U.S. and work, earn a living, have a house, etc, but there are these handful of people living in the U.S. LEGALLY that can’t??

    Wonder why that is? Mental problems? Or just plain lazy ass mofo’s that expect everything to be handed to them. The U.S. gov’t. does much more than it’s fair share, for people that live in the U.S. AND for other countries!

  • bo

    [quote]Who is to blame: The banks for giving illegals a mortgage or the illegals for getting a mortgage? [/quote]

    Both, but first and foremost a person has to take responsibility for himself. And he knows damn well when he is illegal and when he isn’t, naturally. So, where do you think the problem begins?

    I’ll give you a hint…it isn’t in the U.S.! It’s in their OWN COUNTRIES!

  • forrest allen brown

    GREED
    gerrd is what kills people ,
    some people in politics start out the right way but then they see they can grant themselves sepicial percks .
    big business used ielagels to drive down the pay for most gringoes starting in the 80 when the first
    let them in free deal went down .
    then more came as we out sorced our jobs , all for money , greed again .

    i have papers to work in several countries , but whan i got to wall mart in brasil or mexico they wont hire me . but they can come here with out papers and get a job greed again .

    shelly most the people in the states that dont have jobs or are homeless want to be that way .
    there in more than enough help for them but they rather beg than have a $ 7 dallor an hour job some place .
    they get welfare , WIC , SS , or any number gov grants so the y can say poor pitiful me help .
    and who pays the middle class most the time the lower middle class ,
    or single persons are punshed for not having kids , not being married , not having a house .

    while in brasil the people get some gov help it is most often stolen before it gets down to them , hencs
    people go hungry , and build huts on others lands and rob or sell drugs to get buy

    the amercian publis are a vast group off cry babbies , wanting more buy not thanking whay they have .
    not so much blaming other countries for what the price of gas at the pump is but beleive
    in what the press shoves down there guts .
    blod sells , sex sells ,
    good does not sell

    all goes back to greed , just the 7 sins of man run by politicans sold by the news

  • Shellly

    Bo
    [quote]Wow..there’s the Brazilian in ya seeping out!![/quote]

    Bo my love, I am a Brazilian after all and a fair person. I don’t think I shove the responsibility to someone else. Quite the contrary. Now, the name of the game is who we are going to blame. Here where I live some counties are blaming the illegals for the economic downturn. You are out of touch. Who is to blame: The banks for giving illegals a mortgage or the illegals for getting a mortgage?

    Chinese: http://www.nytimes.com/2007/12/13/business/worldbusiness/13trades.html

    Please, read the article is quite amusing. “Ms. Wu, a focus of much discussion among American officials, is an energetic and blunt alumna of ChinaÀ¢€™s bureaucracy, with a reputation as a problem solver but also as someone who pushes back. On Wednesday morning she lectured the Americans about not blaming China for their problems at home.”

    On North Korea: http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2006/12/18/unkorea118.xml

    Bo, the fact that a lot of people are going hungry in Brazil, doesn’t mean that we have to stop growing as a country. In fact, the US has a lot of people without a home and going hungry right here in the Capital. Does it mean that you have to stop as well? The problem with the economic boom in a country where inequitable distribution of wealth exists (here too, but in Brazil is worse), is that most will be left out of the bandwagon. Brazil needs to grow, it has too. But I wish the Brazilian government could find a balance and share the wealth (which is immense) with everyone.

  • bo

    [quote]Usually the way Americans deal with their economic losses is to blame on someone else. Blame the illegals, blame the Chinese, now is Blame the Brazilians. America’s rhetoric is getting old, nobody listen to your yaberring anymore. Not even North Korea.[/quote]

    Wow..there’s the brazilian in ya seeping out!! You’ve got americans confused with Brazilians my dear Shelley, they’re the ones that never accept responsibility. Where do you see Americans [b]blaming[/b] their economy woes on Brazilians???

    Because Bloomberg wrote an article on the way sugarcane is harvested in Brazil??

    Blame the illegals on our economy woes?? Where have you ever seen that??

    The Chinese?? LOL. How could we blame the Chinese? They’re neck-high in dollar bills!!

    Some of your statements seem like you are at least halfway lucid, and then others….from left field and totally off base.

    And as far as North Korea not listening??

    Huh?? They’ve agreed to disarm didn’t they? That’s what you get when you have a country that can’t even feed itself yet wants to be a “world power”……..sound familiar?

  • Shellly

    Usual American double standards
    [quote]There is no reasonable explanation for phrases like ‘cars run on human blood’ or ‘Brazil entering its industrial revolution’ [/quote]

    Cars in America are going to run with Iraqis’s blood and life. America needs to shut the hell up and deal with the fucking mess left for my kids generation to clean up. Be careful, Yankees, you will be speaking Chinese in no time. During the Industrial Revolution, England has done more damage to the world’s environment than any other country put together. Nobody says a thing. It is time for Brazil to grow and the world’s power hungry nations such as the US and EU aren’t happy that Brazil is beginning to show some muscle. The only problem I have is with inequitable distribution of wealth. If we could sort this out, Brazil would be unstoppable. Will it happen? Not in my lifetime.

    Usually the way Americans deal with their economic losses is to blame on someone else. Blame the illegals, blame the Chinese, now is Blame the Brazilians. America’s rhetoric is getting old, nobody listen to your yaberring anymore. Not even North Korea.

  • forrest allen brown

    all lands have a lot to learn
    go to the north the cainers have to do 11 tons a day to make there pay rate
    so the whole go to the field to help dad or brother ,
    they survive in what would be called a pile of waste dont know who has a worst life
    the cainers or the chracolors .

    with 2 times the population and the clean up of toxic waste from to early 20 39 is not bad
    look at the numbers and see who spends more to correct the mess left by the now compines
    that no longer are in business

    Costinha is your mouth on brasils clean up list you and ch need to just grow up or stay off the site

  • PA

    Costao
    That’s the United States of Amoeba
    “written by …, 2008-01-26 15:56:01
    Smiles in your face and stabs you in back… F.u.c.k.e.r.s!
    Costinha”

    -You must be talking about your & your filth, now go see who is F’ing your ho, chifradao-

  • bo

    All I know….
    is when I drive through the state of Alagoas all you see, for as far as you can see, are sugarcane fields. And you see the delapidated buses that I wouldn’t feel comfortable allow my dog to ride in that take the workers to and from the fields. One can plainly see that the workers in Alagoas are as poor as can be and are fighting simply for survival. You see men, women, and children working in the fields.

    It’s disgraceful.

  • Max Power

    I wouldn’t worry about it, there probably weren’t even 200,000 people watching that show. Out of 300 million people. I watch Bloomberg during the week and had intended to watch it and forgot all about it.

  • ch.c.

    To AES “The burning of sugarcane chrystalizes the sugar, the cleaning of the dross is ancillary.”
    You are proving that Brazil is effectively an ancillary….country.
    The burning of sugarcane produces a LOT of pollution.
    There is no need to burn sugarcane when mechanically harvested. Sorry for you…idiot !
    The only chrystalized thing is the Brazilian Brain !!!!!!!! And you prove it….daily !

    Enjoy !

    Ohhhh….junkie Costinha….. :
    A) I am not American
    B) As usual your comments are as empty and worthless as your brain. And it cant be different because afterall you are an average Brazilian. By average I mean with a Brazilian University Degree….bought at the supermarket.

    Ohhhh bunch of junkies and ignorants have you read the latest ranking on Environment Index ?
    – Ranked first is………S W I T Z E R L A N D !!!!! Sorry for you
    – USA is ranked 39th, as disgrace as per some comments.
    – BRAZIL ? 35th…..or nearly as disgraceful as….the USA !!!!!!! Therefore quite laughable when Bin Lula or a Brazilian commentator
    criticizes the USA on bad environmental issues ! You are hand in hand….in the ranking ! But for a Brazilian it is natural to criticze others when their own rankings are similar than the country they criticize.
    Your nationalism and ego are very much….. displaced and more importantly NOT justified when compared with stats and rankings.

    😀 😉 😀 😉 😀 😉 😀 😉 😀 😉 😀 😉 😀 😉 😀 😉 😀 😉 😀 😉 😀 😉 😀 😉

  • aes

    The burning of sugarcane chrystalizes the sugar, the cleaning of the dross is ancillary.

  • That’s the United States of Amoeba
    Smiles in your face and stabs you in back… F.u.c.k.e.r.s!

    Costinha

  • ch.c.

    FURTHEMORE……
    “According to UNICA, in 2007, Brazil produced 425 million metric tons of sugarcane”

    Simple proof of how INACURATE your stats are.

    Your official stats mention around 525 millions tons.

    WHO LIE, WHO CHEAT AND WHO HIDE ?????????????

    TO MY KNOWLEDGE, the 425 millions tons were the SP production, representing 80 % of the COUNTRY production, and SP doesnt produce 60 % as stated in these article written by junkies and cheaters….but 80 % !!!!!

    LAUGH….LAUGH….LAUGH !

    FUNNY that Brazilians “experts” dont even know what they are talking about, confuse and mix one number from/to another inacurate number.

    But this is Brazil. Isnt it ?????? How could it be different ???????? Why should it be different ????? When will it be different ????
    NEVER EVER….is the answer !

    LAUGHHHHH….LAUGHHHHHH…..LAUGHHHH !!!!!

  • ch.c.

    What a joke….what a joke these brazilians !
    Of course, as usual you are infuriated when the truth is told and written. Nothing news. Typical of Brazilians reaction.

    Facts :
    – Australia sugarcane harvest is 100 % mechanized for the last 25 years. Same in the USA. Brazil below 50 %….25 years later.

    Because even in the most developed state (SP) the average is 45 %…using YOUR own Brazilian stats. Meaning much lower in less developed states, especially in the Northeast where 80 % or more sugarcane is still manually harvested.

    Ohhhhhh….and if you are infuriated by the Bloomberg article, why did you shut your mouth in the hundreds and hundreds
    of articles/report written elsewhere either by journalists, local and foreing NGOs and International Agencies such as the IMF or World Bank….just to name a few ??????
    Ohhhhhh….including articles….on this site !!!!!!!!

    THEY ARE NOT TELLING ANYTHING DIFFERENT THAN WHAT BLOOMBERG HAS WRITTEN !!!!!

    THE WORLD KNOWS HOW BRAZILIANS LIKE TO CHEAT, HIDE AND LIE.

    FUNNY TOO…..THAT MOST OF BRAZIL SUGARCANE MECHANICAL HARVESTERS ARE MADE BY FOREIGN COMPANIES SUCH AS DEERE.
    Lets face it, Brazil has neither the know how nor the will to invest….to reduce poverty !!!!
    SAD FACTS AND TRUTH !!!!

    And as I have written so many times, if someone is bullish of world agriculture, just invest in the companies of developed nations providing the agricultural inputs…….such as Monsanto, Syngenta. Bayer, John Deere….and the likes !!!!!!!!
    If you can just look at the price charts of these companies in the last 5 years. The profits were 500 %…and some even far more.

    Yesssss….Brazil….wether you like it or not, you are an archaÀƒ¯c and medieval country, producing some of your goods just as you did
    200-300 years ago : manual harvesting of your sugarcane…..to the tune of well well well over 250 millions tons…per year, knowing your production is now over 500 millions tons.
    And you expect OTHERS to make the necessary investments.

    And if you really believe that goods (sugarcane) selling at FARM PRICE BELOW US$ 30,.- PER TON (YESSSS PER 1000 KGS), will make you a more developed country….YOU ARE SIMPLY DEAD WRONG !!!!
    And this even if you double, triple or quintuple your production as you intend to.

    History has proven that the sugarcane industry has ONLY created poverty for 98 % on the workers involved, and 2 % of wealthy people. And this is what you intend to continue for the next several decades.
    Not surprising then that Brazil is the World Second Worst…..in the ranking of Wealh iNEQUALITY !!!!

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Abandoned for 10 Years, Brazil’s Highways Need US$ 3.3 Bi for Repairs

Brazil’s highways have been suffering from lack of resources for at least ten years. ...

Brazil Offers Appealing Loans to Build 3,000 Kms of Power Lines

The president of Brazil’s National Economic and Social Development Bank (BNDES), Guido Mantega, announced, ...

In Brazil, Agribusiness Is Down But Meat Exports Are Up

Meat exports rose 10.7% in Brazil, in January, compared with the same month of ...