NEWS
Brazil Soy Acres Uncertain
Alastair Stewart South America Correspondent
Wed Jun 24, 2015 06:38 AM CDT

SAO PAULO, Brazil (DTN) -- Farmers across Brazil's Cerrado savannah region have been steadily adding soybean acres for the last decade, but many are considering a reduction in area due to low prices and limited access to credit in the 2015-16 season.

The extent to which growers in Mato Grosso and surrounding states retire marginal acres from production come September will determine whether soybean area drops for the first time in nine year or the upward march continues.

Certainly, farmers are not enthusiastic about the prospects for the 2015-16 season.

"After years of good returns, farmers are facing tighter margins ...

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