Land Prices Jump in Brazil's North

Prospect of Improved Grain Logistics Through Amazon Region Boosts Land Prices

There are still strict environmental restrictions on grain production in most parts of the Amazon. The soybean industry currently doesn't buy grain in the region and, according to the 2012 forestry code, farmers can plant only 20% of properties. (DTN file photo)
Prices of land in Brazil's Amazon regions have risen in expectation that northern export corridors will cut the grain logistics costs over the next few years, making soybean production more attractive.

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