Economic Research Report No. (ERR-210) 44 pp
Brazil's Agricultural Land Use and Trade: Effects of Changes in Oil Prices and Ethanol Demand
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.
Keywords: Brazil, agriculture, agricultural sector model, agricultural commodities, oil prices, petroleum, ethanol, biofuels, biofuel feedstocks, cropping patterns, cropland, sugarcane, crops, livestock, land use, direct land use change, indirect land use change, Cerrados, longrun changes in oil prices, world commodity prices
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