Brazilian farmers to grow more corn and soybean

Brazilian farmers are intending to grow more corn and soybean this year, a survey recently conducted showed that the 2011/12 soybean planting at 68.88 million acres was  up from last year by 1.8 percent. Corn would also increase  in acreage by as much as 20 percent, with the domestic prices of corn up 90 percent higher than last years crop.

During the last three years farmers moved away from corn due to the low prices it was fetching, but now the prices have risen the farmer return to the crop, in Parana farmers will plant 2.23 million acres to corn that an increase from last years 1.86 million acres. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers