By Reuters
Ag Web
Buoyed by strong demand, Brazilian farmers are poised to expand their soybean area for the 15th consecutive year, a survey by agribusiness consultancy Datagro released on Friday showed.
The area planted with soybeans in the world's largest producer and exporter is expected to increase by 4% to 40.57 million hectares (100.2 million acres) in the 2021/2022 cycle, Datagro said.