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Braziläó»s Agricultural Land Use and Tade: Effects of Changes in Oil Prices and Ethanol Demand
Costanza Valdes (au); Kim Hjort (au); Ralph Seeley (au)
In Brazil, agriculture is expanding westward into the countryäó»s frontier region, which includes the surrounding Cerrados savannah. The conversion of range, pasture, and other land into cropland is due to rising domestic and international food demand but is also a consequence of ethanol production and policies that have increased the demand for sugarcane (ethanol feedstock). Because the supply and demand for ethanol are inexorably linked to that of petroleum, oil prices can affect production and land-use decisions for ethanol feedstocks and related agricultural commodities. This study examines the effects of longrun changes in oil prices on ethanol production in Brazil and resulting cropping patterns. Given Braziläó»s dominant position in multiple global commodity export markets, adjustments to output and exports would lead to changes in world prices. Figures and tables. This is a print on demand report.
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