Higher costs to curb Brazil soya expansion
date:Apr 08, 2014
Caterpillars and fungus, as well as drought, hurt Brazil's current soya crop and higher costs to control them will limit planting of new fields next season, the director of agricultural analysis firm Agroconsult said on Tuesday. Brazil will likely produce 86.9 million tonnes of soyabeans in the season that is drawing to a close, still a record crop but well below the firm's initial forecasts for more than 90 million tonnes of soya, Agroconsult's director, Andre Pessoa, said.

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