Brazil Soy Expansion to Slow in 2014-15

Lower Soy Prices, Rising Production Costs Slow Planting Area Growth

Agroconsult expects 2014-15 soybean area to grow 1 million hectares (2.5 million acres), or 3%, from the previous year. (DTN file photo by Alastair Stewart)
Agroconsult expects 2014-15 soybean area to grow 1 million hectares (2.5 million acres), or 3%, from the previous year. (DTN file photo by Alastair Stewart)
Brazil will slow the expansion of soybean planting area next season due to lower prices and rising costs, Agroconsult, a local farm consultancy, said.

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