Plans to plant a record soybean crop in Brazil could leave the No. 2 producer with a seed and pesticide shortage, the local head of Syngenta said on Thursday.
Brazil's area of soybeans to be planted in 2012/2013 will likely surpass the 24.8 million hectares (61.3 million acres) last year by 2 million hectares, or 8 percent, as farmers eye record-high soybean future prices, Laercio Giampani of Switzerland-based Syngenta said.