On the vast plains of Brazil’s Matto Grosso, farmers of wheat and soy are enjoying productivity rates that exceed those of their counterparts in the United States. But freight costs in west-central Brazil are also 50 percent higher than on the Great Plains of North America, dramatically undermining Brazil’s productivity advantage.
South America Trade & Logistics
Between 1986 and 2010, Latin America's share of global exports increased from 4.4 percent to 6.9 percent, according to the World Bank, but underdeveloped infrastructure places even its fastest-growing nations — Brazil, Chile, Colombia and Peru — at a competitive disadvantage.
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Jun 5, 2013 2:00PM EDT