Brazilian agchem market booms yet higher
The Brazilian pesticide market continues to grow. National agrochemical sales rose by more than a quarter (+27%) in national currency terms for the first quarter of 2012 to some R$2,300 million ($1,119 million at the current rate), the Ministry of Agriculture reports. It cites figures from the national agrochemical industry trade association, the Sindag. The major growth drivers came in the citrus fruit, cotton, maize and sugar cane sectors. Sales of products for use on cereals, tomatoes and rice fell.