Brazil’s sugarcane area plunges to lowest in 12 years

Sao Paulo: The area under sugarcane cultivation in Brazil has fallen to its lowest in 12 years in 2023 as the farmers have shifted to more profitable crops like corn and soybean, reports Reuters. The area under sugarcane fell to 8.29 million hectares, 0.4% lower than the previous season and lowest since 2011, said Brazil’s … Continue reading Brazil’s sugarcane area plunges to lowest in 12 years