Maize| Grains market is abuzz with speculation

April 30, 2016 9:21 AM | Skymet Weather Team

Grains market is abuzz with speculation that drought-hit Brazil has bought its first major cargo of United States corn in two decades, as third-largest corn grower scrambles to secure feedstock with no sign of supply crisis easing. The talk comes after Brazil, last week scrapped import taxes on corn from countries outside the Mercosur trade bloc.

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