Brazil produces 30% of the world’s soybeans and is also the crop’s #1 exporter with 41% of all shipments. Growth in soybean production is not stopping, and it continues to expand by 14.1% per year in Amazonian states, covering over eight million hectares.
However, there is a major problem for these farmers. This soil tends to be low in manganese micronutrients. Balanced plant nutrition with micronutrients can increase soybean yield by approximately 30%, yet manganese is the most common deficiency noted in soybean production in Brazil. Without it, farmers cannot maximize crop yield or revenues.
Brazil – The Sprouting Market For Manganese Fertilizers
Top value fund managers are ready for the small cap bear market to be done
Infographic source: Cancana