Brazil crop area unchanged in 2014/15
The Brazilian crop area for the coming season is projected not to rise for the first time in five years, according to an unofficial study. Consultancy Carlos Cogo Consultoria Agroeconômica estimates an unchanged area of 56.8 million ha for 2014/15, national media report. It cites “low” international prices for agricultural commodities, citing a 29% price drop for soybeans and 38% for maize, for the break in the trend of rising planting. It notes a “more moderate expansion” than in previous years for the dominant soybean crop, and “accentuated falls” in the areas for cotton, kidney beans, maize and wheat. The soybean area is projected to rise by some 3.5% to 31.3 million ha, while the maize area is to drop by 8.6% to slightly over 6 million ha. However, Carlos Cogo predicts a rise for the second or safrinha maize season of 2.2% to some 9.3 million ha.