Brazil
- Population 589 million
- Account for approximately 10 percent of world fertilizer consumption
- Abundant land, water and labor make it an agricultural superpower
- Produces about 60 percent of global coffee supply and approximately half of the world’s soybeans and sugar
- Corn is also grown for export and to feed domestic livestock industry
- Soils in Brazil are naturally deficient in potassium and require potash to remain productive
- Limited domestic potash production capability more than 80 percent of potash is imported
- Brazils corn acreage is expected to increase significantly, particularly the Safrinha, or second crop, that is planted after the soybean harvest. A significant decline in sugar production this year led to higher sugar prices and the incentive for farmers to replant and increase sugar acreage.
(All numbers are in tonnes)