NEWS
South America Calling
Alastair Stewart South America Correspondent
Fri Aug 15, 2014 11:23 AM CDT

The recent slump in soybean, corn and cotton prices will prompt SLC Agricola, one of Brazil's leading corporate farms, to slow the pace of expansion and seek to hold down costs in 2014-15.

"In the short term, we don't see a major improvements in prices ... Our job is to do everything well and reduce costs of production," Aurelio Pavinato, the company's CEO, said during a conference call.

SLC Agricola has expanded area at breakneck pace in recent years. In 2013-14, planted area rose 22% to 849,700 acres. Pavinato did not give figures but guaranteed that expansion would be well ...

Quick View
Related News Stories
(none currently available)