The World’s Best IPO Has Gained 6,000%, But Analysts Say Stay Away - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-10-12/world-s-best-ipo-sees-6-000-gain-as-analysts-say-to-stay-away
“Farmers should always be prepared for possible losses, but nobody is ready for a 40 percent loss,” said Walter Horita, a soybean and cotton farmer who has been in Bahia for 33 years. “That scares even experienced producers. Can you imagine investors with no history in the region? They run away.”
There’s never a good time for drought, certainly, but the northeast’s dry weather has arrived at a particularly devastating time for the world’s biggest soybean exporter. In the midst of Brazil’s economic and political turmoil, the country’s interest rate is the highest in a decade, up to 14.25 percent from 7.25 percent, hurting farmers who use floating-rate loans to borrow for tractors, land and seed.
#Brésil #monoculture #remembrement #agroindustrie #climat #fin_des_haricots #ho_ho