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Santa Catarina agribusinessman Ricardo Faria becomes one of Brazil’s biggest farmers

RIO DE JANEIRO, BRAZIL -  In Brazil the world of agribusiness has a brand new prominent businessman. In size indeed. Ricardo Faria, from Santa Catarina state, who at the beginning of last year created the grain company Terrus, has just signed the purchase of Insolo for R$ 1.8 billion (US$321 million).

Together, the companies have 120 thousand hectares of production area and should have a revenue of R$1 billion this crop year. Now, it takes 5th position in the ranking of the largest production areas in the country. Considering its size, it is behind the Bom Futuro Group . . .

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