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Brazil’s soy area to grow 3.6 percent
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Brazil's soy area to grow 3.6 percent
A Brazilian consultancy agency is predicting that the country is set to increase its soybean-growing area by 3.6 percent for the 2011-12 crop year. That means growth of 2.1 million acres, much of which will take place in the Mato Grosso (620,000 acres).
August 2, 2011 By DTN/Progressive Farmer
Aug. 2, 2011 -A Brazilian consultancy agency is predicting that the
country is set to increase its soybean-growing area by 3.6 percent for
the 2011-12 crop year. That means growth of 2.1 million acres, much of
which will take place in the Mato Grosso (620,000 acres). Soybean
exports are forecast at 35.6 million tonnes with more than 60 percent of
that being shipped to China. | READ MORE