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Corn as cash: Brazil's bartering farmers raise risks for Canada's Nutrien

Reuters  |  WINNIPEG, Manitoba/SAO PAULO 

By Rod Nickel and Ana ManoWINNIPEG, Manitoba/SAO PAULO (Reuters) - Taking a page from its aggressive growth strategy in the United States, cash-rich Canadian fertilizer giant Nutrien Ltd plans to plow investment into Brazil in a bid to reap up to 30 percent of farm supply sales in fertile pockets of the country. But business in Brazil's farm sector - the world's fastest growing - strays far from the usual practices in North America's farm belt, where Nutrien is a top supplier of fertilizer, chemicals and seed.It's a place where the ancient economy of bartering - in this case swapping crops ...

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First Published: Mon, March 12 2018. 12:47 IST