Brazilian state of Mato Grosso will reduce cotton cultivated area next season

The cultivated area of cotton from the Brazilian top producing state, Mato Grosso, is expected to reduce by 10.6% next season 20/21. After having reached the largest cultivation area in history in the season 19/20, a substantial number of cotton farms are migrating to maize, mostly due to the retracted demand experienced during the pandemic and the increase of input costs (by 7.6%).