NEWS
Brazil Soybean Planted Area to Grow 6%
Alastair Stewart South America Correspondent
Mon Jul 29, 2013 10:35 AM CDT

SAO PAULO, Brazil (DTN) -- Brazilian farmers will increase soybean acres for the eighth consecutive year in the upcoming 2013-14 season, this time by 6%, AgRural, a local farm consultancy, said Monday.

Area will rise to 72.9 million acres when planting starts in September despite the recent decline in soybean quotes as a strengthening of the U.S. dollar has offset the losses in local terms. As a result, planting of the oilseed promises positive returns, even in areas where logistical costs are highest, said the Curitiba-based consultancy.

Based on yield data from the last 10 years, production will jump 9% ...

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