Trump trade war delivers farm boom in Brazil, gloom in Iowa

Trump trade war delivers farm boom in Brazil, gloom in Iowa

Chamber Articles Category: Agribusiness Post Date: 10/11/18 Source: Reuters By: Jake Spring and Tom Polansek
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LUÍS EDUARDO, Brazil/BOONE, Iowa (Reuters) - The Bella Vita luxury condominium tower rises 20 stories over the boomtown of Luís Eduardo Magalhães in northeastern Brazil. Its private movie theater and helipad are symbols of how far this dusty farming community has come since it was founded just 18 years ago.

Local soybean producers shell out upwards of a half-million U.S. dollars to live in the complex. Nearby farm equipment sellers, car dealerships and construction supply stores are bustling too. Read Full Article