Brazilian sugarcane land prices soaring despite industry weakness

May 7, 2014 |

In Brazil, land values in sugarcane areas are on the rise despite the fact that the industry is suffering. Sao Martinho said Deloitte valued a 58,000ha farm in Sao Paulo in February 68% higher than the last valuation in December 2011. On average, land prices appearing to be increasing about 20% per year.

Category: Fuels

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