Brazil soy area to grow at the slowest pace in 13 yrs

Fawad Maqsood September 4, 2019

SAO PAULO: The area planted with soybeans in Brazil in the 2019/2020 season, which starts this month, will grow by 1.1pc to 36.3 million hectares, the smallest increase in 13 years, as a global trade war and swine fever in China cloud the outlook for farmers, according to a forecast from agribusiness consultancy AgRural.

Brazil’s soybean area has been growing consistently above that percentage since the 2007/2008 season, AgRural data showed.

Copyright Reuters, 2019

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