date:Oct 23, 2013
Trading house Sojitz Corp. will invest in a Brazilian grain harvester and collector to tap food demand in Asia.
Sao Paulo-based Cantagalo General Grains SA farms 150,000 hectares and collects 2 million tons of grain a year, Tokyo-based Sojitz said in a statement.
The investment will include Cantagalos exporting unit CGG Trading SA, Sojitz said, without disclosing the form or the amount.
With the worlds grain consumption more than doubling in the last four decades, Japans trading companies are