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| well, Brazil has cheap land, cheap labor and sweetheart deals on seed and chemical. their crop acres increase 4-5% a year, that`s strong anecdotal evidence they are coining money
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AI Overview
Brazil's annual crop acreage has grown at an average rate of approximately 5% per year, driven by the conversion of pastureland into soy and corn production. Total cropland has expanded by 50% in the last 38 years. For the 2024-25 season, soybean acreage is projected to reach 121 million acres, while corn acreage is expected to increase by 4%, driven by high demand. | |
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Government payments
