Over the past five years, the cost of agricultural land in Brazil has surged by 108%, according to a Scot Consultoria report, with significant factors being the rise in agricultural commodities, increased demand for cattle, corn, and soy, and the undervalued real estate market. The growth was particularly notable in 2022, with a 16.3% increase, and pasture land prices saw a 19.6% rise. The demand for planted forests as an alternative investment within the agricultural sector has also increased, with expansion plans for agricultural lands expected to reach 85.68 million hectares by 2029, marking a 10.3 million hectare increase over the next decade. The Instituto Brasileiro de Florestas (IBF) has noted the growing interest in forestry as an alternative investment, with its Polo Florestal de Mogno Africano in Pompéu, Minas Gerais, spanning over 5,000 hectares and attracting over 350 investors.