USDA charts impact of changing oil prices on Brazilian sugarcane, ethanol production: new report
In Washington, the USDA’s Economic Research Service released a new report “Brazil’s Agricultural Land Use and Trade: Effects of Changes in Oil Prices and Ethanol Demand.” In a high-price scenario, the oil price rises 45 percent by 2024. With increasing oil prices, sugarcane area increases by 946,000 hectares during the forecast period, or about 11 […]














