With the aim of restoring cane productivity which has seen significant decline recently due to extended ratooning, cane growers in Brazil are said to spend as much as 6 billion reais ($3.4 billion) this year to replant cane, Bloomberg reports. Some 1.5 million hectares (3.7 million acres) or 15 percent of cane fields is likely to be replanted with this investment according to, Antonio de Padua Rodrigues, technical director for the sugar-cane trade group Unica. Last year the nation renewed 1 million hectares. Brazil is seeking to boost cane production after a shortage of ethanol drove up prices last year… Login to continue

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