Brazil could open up 43 mln hectares of new agricultural land - SLC

Brazil could open up 43 mln hectares of new agricultural land - SLC

Chamber Articles Category: Agribusiness Post Date: 12/05/18 Source: Nasdaq By: Reuters
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SAO PAULO, Dec 5 (Reuters) - Brazil, which accounts for some 7 percent of the world's grain output, has potential to expand arable land for agriculture on an estimated 43 million hectares in the vast central Cerrado region, a grain producing company said on Wednesday.

Aurélio Pavinato, chief executive of Brazilian grain producer SLC Agrícola SA, told an industry event that such an area could be used to increase grains and sugarcane output in the South American nation. Brazil is expected to account for about 18 percent of the global grains exports in the 2018/19 season. Read Full Article