Brazil’s farmers invest in Soybeans, not corn crops.

Brazilian producers have already planted 92% of the estimated area for soybeans in the 2017/2018 harvest. The number surpasses 90% of last year and 87% of the average of five years. Input sales are a good thermometer to evaluate crop performance. When the outlook is good, the producer opens the wallet and invests more in technology. According to input retailers, the 2017/2018 soybean crop is doing well.