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Home BUSINESS NEWS FROM AROUND THE WORLD

Brazilian agriculture to see record harvests but higher costs in 2022

by 198 Japan News
December 26, 2021
in BUSINESS NEWS FROM AROUND THE WORLD
Reading Time: 1 min read
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Dec 26, 2021 8:26 5 min read

With just over two weeks to go until the end of 2021, the market has begun posting its forecasts for Brazilian agriculture, and so far the consensus is that 2022 will be a year of mixed results. On the one hand, it should see some record harvests thanks to more favorable weather conditions. On the other, production costs are expected to be even higher, which could end up shrinking producers’ margins.

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