Brazil May Expand its Agricultural Land

Brazil Ag Expansion 120618
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Bazil may be expanding its agricultural land. Reuters is reporting the country could open up 106 million acres of land in the Cerrado region.  That's in the tropical savanna of Brazil. 

A chief executive of Brazil grain producer SLC Agricola SA said the area could be used to increase grains and sugarcane production.  He said expanding ag production would demand heavy investments.

Read the full Reuters report here.