Brazil: farmland has increased in value af annual average 14 percent over last ten years

Posted on December 3, 2012 • Filed under: Agriculture, Brazil, Business

Prices for farmland in Brazil surged by an average 14% a year to nearly quadruple over the past decade, well outpacing inflation and nearly matching gains made by São Paulo’s blue-chip Ibovespa stock index, a new study shows. Improving diets in economies such as China have driven up prices of commodities like soybeans, corn and animal proteins, which in turn have led investment and pension funds to buy Brazilian farmland. Improving diets in economies such as China have driven up prices of commodities like soybeans, corn and animal proteins, which in turn have led investment and pension funds to buy Brazilian farmland. Read Article

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