June 8 (Bloomberg) — Brazil is running out of beer cans and farmers are leaving crops in the field as surging demand and Chinese-like growth leads to shortages in Latin America’s biggest economy.
Cia de Bebidas das Americas, the region’s largest brewer, had to import beer cans for the first time in its 125-year history after local supplies were exhausted. Acucar Guarani SA, the country’s third-biggest sugar producer by market value, left 10 percent of its crop sitting in the fields an extra 40 days because of a shortage of tires for its harvesters, even after the commodity hit a 29-year high in February.
Full story: Why Beer-Can Shortage Means Brazil Will Boost Rate (Update3) – Bloomberg.com