Government to finance Brazil cane replanting-paper

Newswire

* Government wants to boost Brazil's ethanol supplies * Credit for replanting part of larger ethanol push * Interest rate on loans for replanting 5.5 pct/year SAO PAULO, May 24 (Reuters) - The Brazilian government plans to offer a line of subsidized credit to sugar and ethanol mills for the replanting of cane crops, as part of a larger push to stimulate production of the biofuel, agriculture minister Wagner Rossi told a local newspaper. Rossi said in Tuesday's Valor Economico paper ...

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