Brazilian agchem prices fell in 2010
Prices fell in real terms for almost all of the principal pesticides marketed in the Brazilian state of Sao Paulo in the year to January 2011, the national agrochemical industry trade association, the Sindag, says. It cites a study from the agribusiness market research group, the IEA. Only two of the 128 analysed products rose in price after adjustments for official inflation. The average real cost of the analysed pesticides dropped by 17.3%. Price falls were accompanied by rising commodity prices, boosting farmers’ ability to invest in technologies such as crop protection products, the study also showed.